Regulator

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Regulator

An agency enforcing legislation and setting rules governing certain actions. For example, the Internal Revenue Service in the United States is a regulator because it collects taxes, enforcing the U.S. Tax Code. In securities, regulators often require companies to disclose their actions to see to it that as much information as possible is publicly available. Other regulators govern business practices. For example, they may enforce minimum or maximum wages and salaries, prohibit discrimination on certain grounds, and/or ban certain policies or practices deemed unfair for consumers or competitors. While nearly everyone agrees that some regulations are necessary, there is significant disagreement as to how many and what kind are needed. Proponents of more regulation assert that it ensures a fair market and sustainable growth, while critics argue that many regulations do more harm than good.
References in periodicals archive ?
This year, regulators of all stripes and the insurance industry itself undertook several initiatives to clarify the murky regulatory atmosphere and foster better relationships and cooperation.
While the expansible-tube style regulators have many features that contributed to their widespread use there are some disadvantages:
Worst of all, air regulators have essentially thrown up their hands.
Following the recommendations of the Lamfalussy Report, two new Brussels committees were established: the European Securities Committee (ESC), with both regulatory and advisory functions, and the advisory Committee of European Securities Regulators (CESR).
At a time when mergers are proliferating in every business sector, federal regulators know that what's good for a company is not always good for the consumer.
Indeed, when Jean Noonan, who closely followed consumer credit issues as the FTC's former associate director for credit practices, hears descriptions of these offers, she says, "It sounds like the bank regulators might not be vigilant in criticizing institutions for misleading mailings.
These challenges are being actively addressed by the Federal Reserve, the other banking regulators, and the banking industry.
But because some state regulators were more proactive than others, while we do have a problem now, we don't have a crisis.
An analysis of the impact of the EUs third energy package on national regulators and how a European super regulator will affect the sector.
With boats intended to be in market in both new sites, Regulator fans can test the Legendary Ride during upcoming demo days, and, by summer 2016, new Regulator models will have made their debut at boat shows in both Panama and Australia, comprising the Sanctuary Cove International Boat Show in Queensland, Australia.
judgments, which will be simplified and enhanced upon ratification of the Hague Convention on Choice of Court Agreements; 2) most reinsurance contracts contain arbitration clauses, and arbitration awards are enforceable though the Hague's 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards; and 3) regulators can require preferred jurisdiction and law clauses in reinsurance contracts.
State Bank of India (NSE: SBI) has suggested that a single regulator oversee home loans in the nation.