The Federal Trade Commission (FTC) was established in 1914 and is responsible for protecting US consumers and encouraging fair competition. Specifically, it battles unfair, deceptive, and fraudulent practices in the marketplace. And it monitors the market for monopoly situations that could impact consumers negatively.
For privacy and security, the FTC is the primary enforcement agency in the US. It ensures that consumers’ privacy rights are protected and that companies meet the privacy policies that they have committed to with their customers.