Regulatory Offense (Noun)
Meaning
Crimes created by statutes and not by common law.
Classification
Nouns denoting acts or actions.
Examples
- The company was charged with a regulatory offense for violating environmental regulations.
- The new law created a regulatory offense for individuals who failed to report their cryptocurrency transactions.
- The judge ruled that the defendant's actions constituted a regulatory offense under the securities act.
- The regulatory offense of insider trading carries severe penalties, including fines and imprisonment.
- The government agency issued a warning to the company for committing a regulatory offense by mislabeling their products.