A contrivance for regulating and controlling motion, as: (a) The lever or index in a watch, which controls the effective length of the hairspring, and thus regulates the vibrations of the balance. (b) The governor of a steam engine. (c) A valve for controlling the admission of steam to the steam chest, in a locomotive.
A clock, or other timepiece, used as a standard of correct time. See Astronomical clock (a), under Clock.
A member of a volunteer committee which, in default of the lawful authority, undertakes to preserve order and prevent crimes; also, sometimes, one of a band organized for the comission of violent crimes.
But let me tell you what happens when regulations go too far, when they seem to exist only for the purpose of justifying the existence of a regulator. It kills the people trying to start a business. Marco Rubio
The Federal Reserve, the Treasury, all the regulator agencies - if there's a problem of the financial mechanism in society, the only one to fix it is government. They've got a legitimate role. Dick Cheney
Our current way of regulating the financial system is dysfunctional. Oversight is dispersed among numerous confusing bodies that at times have seemed to be racing each other to the bottom. Setting up One Big Regulator would end that problem. Thomas Frank
A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles. Henry Paulson
My preference is for the Federal Reserve to be the systemic risk regulator, because the responsibility for identifying and limiting potential problems is a natural complement to its role in monetary policy. Henry Paulson