Which regulatory agency is NOT traditionally associated with the regulation of financial markets?

The Federal Insurance Agency is not traditionally associated with the regulation of financial markets because its primary focus is on the insurance sector rather than on the broader financial markets which include banking, securities, and commodities. The Federal Reserve oversees monetary policy and regulates banking institutions, while the Commodity Futures Trading Commission regulates futures and options markets, and the Securities and Exchange Commission is responsible for regulating the securities industry, including stock exchanges and securities transactions. Each of these agencies plays a vital role in ensuring the stability and integrity of the financial markets, whereas the Federal Insurance Agency does not have that same connection to financial market regulation. This distinction highlights how regulatory roles can vary widely across different sectors of the financial system.