1) " Federal" -- As it applies to Federal Regulations ...
2) " Regulations" -- As it applies to Federal Regulations In the context of government and public services regulation (as a process) is the control of something by rules, as opposed to its prohibition. In economics, itis part of the government relationship with markets, often seen as the opposite of deregulation. Note: See also administrative law. Reglations are,in some countries, narrowly termed as the legal restrictions promulgated by administrative agencies through rulemaking. This administrative or regulatory law is in contrast to statutory or case law. This article deals withregulation in a broader sense. Contents 1 Regulation as a process 2 Trends towards de-regulation 1 Regulation as a legal term 1.1 United Kingdom 1.2 France 1.3 European Union 2 Related articles 3 External links Regulation as a process Regulation is a compromise between prohibition and no control at all. Public services can encounter conflict between commercial procedures (e.g. maximising profit ), and the interests of the people using these services. (See market failure.) Most governments therefore have some form of control or regulation to manage this possibleconflict. This regulation ensures that a safe and appropriate service is delivered, while not discouraging the effectivefunctioning and development of businesses.For example, the sale and consumption of alcohol and prescription drugs are controlled by regulation in most countries, as arethe food business, provision of personal or residential care, public transport, construction, film and TV, etc. Monopolies are often regulated, especially those which are difficult to abolish ( natural monopoly ). The financialsector is also highly regulated. Regulation can have several elements: Public statutes, standards or statements of expectations.A process of registration or licensing to approve and to permit the operation of a service usually by a ...
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