What is a primary function of regulatory agencies?

A primary function of regulatory agencies is to enforce specific laws related to industry standards. These agencies are tasked with developing and implementing regulations that ensure compliance with the laws established by legislative bodies. They monitor industries and businesses to maintain standards that protect public health, safety, and welfare.

Regulatory agencies possess the authority to conduct inspections, enforce compliance, and take corrective actions against entities that violate established regulations. This is crucial in industries such as environmental protection, finance, public health, and telecommunications, where the implications of non-compliance can have significant repercussions for society.

In contrast, the creation of laws is typically the responsibility of legislative bodies (not agencies), while conducting federal elections is managed by electoral commissions. Additionally, deciding cases of public disputes usually falls under the jurisdiction of the judicial system rather than regulatory agencies. Thus, enforcement of specific laws related to industry standards represents the essential role that regulatory agencies play in governance and public oversight.