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Johny Fernandez: What is a
regulator?

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Sean Murray: What is a
regulator? a regulator is an

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enforcer of civil laws. So we
know that enforcers of criminal

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laws or law enforcement like the
cops, right, the police. But

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there are other laws that we
need to follow that are not

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necessarily that necessarily,
don't necessarily have criminal

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consequences to them. Just
normal things like what you can

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do in like a real estate
transaction, what you can do in

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a stock transaction, things of
that nature, what you can do in

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the medical field or healthcare
field, right, like what a

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pharmacist can sell or not sell.
These are just rules and

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regulations that that states
would issue or even the federal

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government would issue where if
you break these laws, you don't

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go to jail, but there is some
type of penalty and that's what

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the regulator's are in charge of
enforcing.