regulatory agency

A regulatory agency is a government organization responsible for creating and enforcing rules and standards within specific industries or sectors. Its role is to ensure safety, fairness, and compliance, protecting public interests and maintaining order. For example, agencies might oversee food safety, financial markets, or environmental protection. They conduct inspections, investigate violations, and can impose penalties or mandate changes to prevent harm and promote responsible practices. Overall, regulatory agencies help ensure that businesses and organizations operate ethically and safely for consumers and society.