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Lead regulator

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Lead regulator
A leading self-regulatory organization that over sees compliance with a particular section of the law, such as the NYSE, ASE, or NASDAQ.
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Illinois was the lead regulator investigating the issue, but the fine will be split among participating states, including Missouri, Louisiana, Texas and Florida.
Unitrin agrees to pay $33 million to settle class-action bias suit. ... by Best's Review
Pennsylvania is acting as lead regulator in the Reliance case because Reliance is domiciled in the Keystone state.
Pennsylvania to Handle Reliance's Out-of-State Statutory Deposits by Best's Review
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