write brief description of the regulation you used in your Application Assignment this week. Then explain the approach you would take to reform the regulation and why you chose it. Be specificApproaches to Regulation ReformAdministrative agencies are considered miniature versions of the three branches of government because they have the authority to legislate adjudicate disputes and enforce regulations. There are times at which regulations are ineffective whether they are too restrictive or flexible outdated or obsolete overly vague or unenforceable. Professionals inside and outside of administrative agencies may institute reform through a number of measures. Effective reform may boost economic performance stimulate investment or increase levels of consumer protection. Citizens too can influence the regulations and policies of regulatory agencies by attending public meetings and communicating with agency officials.To prepare for this Discussion: