The Minnesota Department of Commerce is responsible for: 1) protecting the public interest; 2) advocating for Minnesota consumers; 3) ensuring a fair, healthy and competitive marketplace; and 4) strengthening our state's economic future.
The Minnesota Department of Commerce regulates more than 20 different industries, including insurance, state-chartered banks, credit unions, securities, and real estate. The Department licenses franchises, collection agencies, and currency exchanges.
The Minnesota Department of Commerce is also responsible for enforcement of Public Utilities Commission (PUC) rules and orders, regulation of natural gas and electric public utilities, energy conservation standards and information programs, low-income home energy assistance and weatherization, regulation of telephone companies, the administration of Telecommunications Access Minnesota (TAM), petrofund, and unclaimed property programs.
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