regulation

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Related to regulating: self-regulating, regulating transformer

Regulation

The set of rules and legislation governing certain actions. For example, the U.S. Tax Code and the rules the IRS publishes regulate federal taxation in the United States. In securities, regulations often require companies to disclose their actions to see to it that as much information as possible is publicly available. Other regulations govern business practices; for example they may set minimum or maximum wages and salaries, prohibit discrimination on certain grounds, and/or ban certain policies or practices deemed unfair for consumers or competitors. While nearly everyone agrees that some regulations are necessary, there is significant disagreement as to how many and what kind. Proponents of more regulation state that it ensures a fair market place and sustainable growth, while critics argue that many regulations do more harm than good.

regulation

the control of economic activities by the government or some other regulatory body, for example an industry trade association. Regulation can include PRICE CONTROLS to regulate inflation; FOREIGN EXCHANGE CONTROLS to regulate currency flows; and COMPETITION POLICY to regulate the operation of particular markets. More specific regulation may be imposed upon individual industries or activities, for example price control of denationalized industries (e.g. Oftel, which regulates telecommunication prices and Of gas which regulates gas prices in the UK); and the regulation of financial services by the BANK OF ENGLAND and the FINANCIAL SERVICES AUTHORITY. See DEREGULATION, RATE OF RETURN REGULATION.

regulation

the control of economic activities by the government or some other regulatory body, for example, an industry trade association. Regulation can include PRICE CONTROLS to regulate inflation, FOREIGN EXCHANGE CONTROLS to regulate currency flows, and COMPETITION POLICY to regulate the operation of particular markets. More specific regulation may be imposed upon individual industries or activities, for example, price control of privately owned PUBLIC UTILITIES (for example, Oftel, which regulates telecommunication prices in the UK), and the regulation of financial services by the BANK OF ENGLAND and the FINANCIAL SERVICES AUTHORITY.

There is a danger that regulators appointed to serve the interests of customers will instead serve the interests of the regulated firms (a so-called situation of‘regulatory capture’). This is particularly likely to occur when appointed regulators work with specific managers in regulated firms for a long time and are influenced by the public relations and lobbying activities of firms.

See DEREGULATION.

References in periodicals archive ?
Mike Horowitz, district manager in Oakland's Cal/OSHA, says that he has gotten complaints from time to time about skin irritation and asthma, but that regulating the cosmetology business is complicated.
HE2100 is a member of a class of Immune Regulating Hormones (IRHs) being developed by Hollis-Eden that have shown exciting activity in preclinical and early clinical studies of a number of conditions of immune suppression and dysregulation.
Regulating TC, of course, is what expenditure targets (ETs) were all about.
Teachers can plan assessment that encourages students to reflect on their work and provides opportunities for planning and regulating their own learning (Paris & Paris, 2001).
The ABAIA draft, more than two years in the making, would establish a structure similar to the federal system for regulating banks.
The state stopped regulating businesses with 100 to 249 employees last year.
Nasdaq:HEPH) announced today that it is presenting new data this week on the potential role of immune regulating hormones (IRHs) in treating a variety of autoimmune and inflammatory conditions.
planning, setting goals, monitoring one's comprehension, and regulating performance; alpha = .
Nasdaq:HEPH) today announced results from a presentation given at the American Society of Clinical Oncology (ASCO) meeting demonstrating positive results with investigational immune regulating hormones (IRHs) in preclinical models of radiation and chemotherapy-induced bone marrow suppression.
The potential effectiveness of this project lays on the development of the self-regulation processes and on this prevention message to school community: we are not born self-regulated, we become self-regulated, that is, we can all be more task centered, by improving and regulating our behaviors which can lead us to achieve more and in a better way.
Nasdaq:HEPH) today announced the presentation of additional data relating to the molecular mechanism of action by which its immune regulating hormone IMMUNITIN(TM) (HE2000) may regulate the immune system back towards homeostasis when used in the treatment of a variety of disease conditions.
NASDAQ: HEPH) today announced results from an oral presentation given at the American Society of Hematology (ASH) meeting demonstrating positive results with investigational immune regulating hormones (IRHs) in models of radiation and chemotherapy-induced neutropenia.