Definition - What does Regulatory Law mean?
Regulatory law refers to laws that are created by government agencies. This is opposed to laws that are created by legislatures or by court rulings. For example, environmental laws created by the EPA would qualify as regulatory laws.
Regulatory laws are commonly referred to as regulations, and citizens are obligated to follow them or face legal consequences.
Justipedia explains Regulatory Law
If a person is accused of breaking a regulatory law, then they can face a lawsuit. If found guilty, they can face fines, jail time or other punitive consequences.
Both federal and state government agencies can create regulatory laws. There are many different government agencies, and there are many different regulatory laws that they create, for example, laws for finance, immigration, agriculture, fishing and wildlife, transportation and much more.