Final answer:
The Private Security Investigative Services Act regulates the conduct, licensing, and training of security guards and private investigators to ensure professionalism and public safety.
Step-by-step explanation:
The Private Security Investigative Services Act (PSISA) is a legislative framework that oversees the professional conduct, licensing, and training of security guards and private investigators. This act is instrumental in establishing standards for individuals and companies providing security services. It ensures that security professionals are properly trained and accountable, which is crucial for maintaining public trust and safety. The PSISA mandates specific requirements, such as background checks and education, that must be fulfilled to qualify as a licensed security guard or private investigator. Compliance with this act is enforced by a governing body, which has the authority to issue penalties for violations.