For example, the betas commonly quoted in mutual fund analyses generally measure the risk of the fund arising from exposure to a benchmark for the fund, rather than from exposure to the entire market portfolio.
The three major law agencies are Federal, State, and Local. Extracts from this document... Introduction. Three Levels of Law Richard Cohn The American law enforcement system has been called the most complex in the world. There are three major legislative and judicial jurisdictions that exist in the United States. Extracts from this document... Introduction. Three Levels of Law Richard Cohn The American law enforcement system has been called the most complex in the world. There are three major legislative and judicial jurisdictions that exist in the United States. The three major law agencies are Federal, State, and Local.
There are more than 17,000 state and local law enforcement agencies in the United States, ranging in size from one officer to more than 30,000. Many of these are municipal police departments operated by local governments, but there are actually several types of law enforcement agencies. 1  Local Police includes municipal, county, tribal, and regional police that derive authority from the local governing body that created it.