> I'm a consumer who consumes a basic set of supplements (vitamin d, vitamin k2, magnesium, multivitamin) and I'm very happy with how things are now.

Fundamentally, no you aren't. What you are is a consumer who thinks they consume a basic set of supplements naively without oversight. Without a regulatory body verifying the safety and efficacy of the products, you actually have no idea that they contain what they claim and that they aren't tainted by e.g. lead or arsenic.