Authors libby rittenberg 865
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Table 16.2 Selected Federal Regulatory Agencies and Their Missions
Financial Markets
Federal Reserve Board
Regulates banks and other financial
institutions
Federal Deposit
Insurance Corporation
Regulates and insures banks and other
financial institutions
Securities and Exchange
Commission
Regulates and requires full disclosure in the
securities (stock) markets
Commodity Futures
Trading Commission
Regulates trading in futures markets
Product Markets
Department of Justice,
Antitrust Division
Enforces antitrust laws
Federal Communications
Commission
Regulates broadcasting and telephone
industries
Federal Trade
Commission
Focuses efforts on consumer protection, false
advertising, and unfair trade practices
Federal Maritime
Commission
Regulates international shipping
Surface Transportation
Board
Regulates railroads, trucking, and
noncontiguous domestic water transportation
Federal Energy
Regulatory Commission
Regulates pipelines
Health and Safety
Occupational Health and
Safety Administration
Regulates health and safety in the workplace
National Highway Traffic
Safety Administration
Regulates and sets standards for motor
vehicles
Federal Aviation
Regulates air and traffic aviation safety
Attributed to Libby Rittenberg and Timothy Tregarthen
Saylor URL: />
Saylor.org
865
