BU113: Foundations of Business Administration -- Prof. Bauer-Ramazani

Major U.S. Federal Regulatory Agencies

  • Consumer Product Safety Commission (CPSC): enforces federal safety standards
     
  • Environmental Protection Agency (EPA): establishes and enforces pollution standards
     
  • Equal Employment Opportunity Commission (EEOC): administers and enforces Title VIII or the Civil Rights Act of 1964 (fair employment)
     
  • Federal Aviation Administration (FAA): regulates and promotes air transportation safety, including airports and pilot licensing
     
  • Federal Communications Commission (FCC): regulates interstate and foreign communication by radio, telephone, telegraph, and television
     
  • Federal Deposit Insurance Corporation (FDIC): insures bank deposits, approves mergers, and audits banking practices
     
  • Federal Reserve System (the FED): regulates banking; manages the money supply
     
  • Federal Trade Commission (FTC): ensures free and fair competition and protects consumers from unfair or deceptive practices
     
  • Food and Drug Administration (FDA): administers federal food purity laws, drug testing and safety, and cosmetics
     
  • Interstate Commerce Commission (ICC): enforces federal laws concerning transportation that crosses state lines
     
  • National Labor Relations Board (NLRB): prevents or corrects unfair labor practices by either employers or unions
     
  • Nuclear Regulatory Commission (NRC): licenses and regulates non-military nuclear facilities
     
  • Occupational Safety and Health Administration (OSHA): develops and enforces federal standards and regulations ensuring working conditions
     
  • Securities and Exchange Commission (SEC): administers federal laws concerning the buying and selling of securities