regulatory system


A system created and designed to police certain individuals, practices, firms, or markets. The reason for this is to bring them into conformity with rules designed to create fair practice. One example of a regulatory system would be the U.S. financial regulatory system, comprised of organizations such as the Federal Reserve and the Securities and Exchange Commission.

Use regulatory system in a sentence

The regulatory system was in place to keep and eye on people that needed to be watched and paid attention to.

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You should try to make sure that you are not doing anything that will get you listed int he regulatory system.

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There was a regulatory system in place for issues like these. They made sure the checks and balances were there to avoid fraud and deception.

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