16:16
prolly named veronica or sarah
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Warning
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LSDefine
Simple English definitions for legal terms
regulatory agency
Read a random definition: Dodd-Frank Act
A quick definition of regulatory agency:
A regulatory agency is a group of people who make sure that rules and laws are followed. They are like the teachers in a classroom who make sure that everyone is behaving and following the rules. These agencies are created by the government to protect people and make sure that things are done safely and fairly. They might regulate things like food, medicine, or the environment. Their job is to keep everyone safe and make sure that things are done the right way.
A more thorough explanation:
A regulatory agency is a type of agency that is created by the government to oversee and regulate a specific industry or activity. It is responsible for enforcing laws and regulations related to that industry or activity, and ensuring that businesses and individuals comply with those laws.
For example, the Environmental Protection Agency (EPA) is a regulatory agency that is responsible for enforcing laws related to environmental protection. It sets standards for air and water quality, regulates the use of pesticides and other chemicals, and enforces laws related to hazardous waste disposal.
Another example is the Federal Communications Commission (FCC), which is a regulatory agency that oversees the telecommunications industry. It regulates radio and television broadcasting, cable and satellite television, and wireless communications.
These examples illustrate how regulatory agencies are created to protect the public interest and ensure that businesses and individuals operate in a safe and responsible manner.