regulatory commission

Government oversight body

A regulatory commission is a government body with authority to oversee and enforce rules within a specific industry or domain.

These agencies set standards, issue licenses, investigate violations, and impose penalties: the Federal Communications Commission, the Securities and Exchange Commission.

Regulatory commissions typically operate with some independence from direct political control, though their commissioners are usually appointed by elected officials.

Opposites
governmental function

regulatory commissionlegislature

Lawmaking governmental branch

parliament · judiciary · legislative body · legislative assembly · lawmaking body

market intervention

regulatory commissionfree market

Commerce without state intervention

deregulation · laissez-faire · self-regulation · invisible hand · market forces

organizational sector

regulatory commissionprivate enterprise

Individually owned business operation

private corporation · private sector · industry

Family

regulatory, commission, regulate, regulation, regulator, regulated, regulating, deregulate, deregulation

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