Certification of Regulatory Professionals

Regulation's credibility depends on its professionalism.  Many professions, from obstetrics to cosmetology, require certification by state governments.  Other professions, like financial advising and meeting planning, award certification through private licensing organizations.  The utility regulatory profession, with the exception of rate of return analysts, has no certification requirement and no certifying agency, despite bearing legal responsibility for billion-dollar decisions.  This paper, published by the National Regulatory Research Institute, discusses the possible purposes, benefits, and methods of certifying regulatory professionals.