Financial Regulatory Agency

In order to monitor and control the financial sector, the federal and state governments have established a plethora of Financial regulatory agencies. These organizations are able to function autonomously toward shared goals because each is charged with a unique set of responsibilities. Each of these organizations was formed to achieve a unique set of aims, and while people may have different views on whether or not they are effective, they are here to stay.

The purpose of the financial regulatory agency is to ensure that businesses serve their consumers fairly and honestly, to investigate and prevent fraud, and to maintain markets open and transparent.