Regulate vs Underregulated - What's the difference?

As a verb regulate

is to dictate policy.

insufficiently regulated.

(regulat)

To dictate policy.

To control or direct according to rule, principle, or law.

* Macaulay

the laws which regulate the successions of the seasons

* Bancroft

The herdsmen near the frontier adjudicated their own disputes, and regulated their own police.

To adjust to a particular specification or requirement: regulate temperature.

To adjust (a mechanism) for accurate and proper functioning.

to regulate a watch, i.e. adjust its rate of running so that it will keep approximately standard time

to regulate the temperature of a room, the pressure of steam, the speed of a machine, etc.

To put or maintain in order.

to regulate the disordered state of a nation or its finances

to regulate one's eating habits

* deregulate * downregulate * upregulate

* * ----

(en adjective)

Insufficiently regulated

*{{quote-news, year=2007, date=July 7, author=David Barboza, title=China Sentences Official to Death for Corruption, work=New York Times citation

, passage=“This is a harsh but probably necessary strategy to re-establish control over an underregulated sector,” David Zweig