Title: What is Regulatory Law? (with pictures)
Headings: What is Regulatory Law? (with pictures)
What is Regulatory Law? (with pictures)
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Content: February 01, 2021
Regulatory laws carry the same force as laws created by Congress or state legislatures. Regulatory law is a part of administrative law and consists of the rules and regulations set out by administrative agencies. In the US, the authority of these agencies is delegated to them by Congress on the federal level and by the state legislatures of the various US jurisdictions at the state level. The two principal functions of administrative agencies are rulemaking and regulatory enforcement, also called "adjudication." Administrative agencies have their own courts and judges. Governmental agencies are authorized by Congress to enforce rules and regulations. In 1789, Congress began using regulatory agencies and laws to administer customs, trade, and the issuance of veteran’ benefits. As the government grew, the task of regulating industries and addressing the many concerns of society became too difficult for Congress alone to administer. It began to delegate its authority to administrative agencies in certain areas. The theory was that experts within a given industry were better suited to devise and implement the rules governing those industries.