As digital economies continue to grow and the demand for wireless communication intensify, efficient and effective spectrum management becomes increasingly vital. In response, regulatory bodies worldwide are interest in leveraging advanced technologies to enhance and expedite their spectrum management efforts. This paper investigates the application of large language models (LLMs) for regulatory processes and their potential to improve operational efficiencies and decision-making. In addition, this paper demonstrates how LLMs enhance and accelerate policy and regulation processes for information extraction and question answering; focusing on spectrum management use cases. The results obtained indicate a robust document processing alternative, suggesting a transformative impact on spectrum regulatory practices.