The phrase "acknowledge regulation" is correct and usable in written English.
You can use it when referring to the act of recognizing or accepting a specific regulation or set of rules.
Example: "It is important for all employees to acknowledge regulation to ensure compliance with company policies."
Alternatives: "recognize the regulation" or "accept the regulation".
When we acknowledge regulation's flaws, but adopt its hopeful guidance for the future, we will feel better about it as a nation.
Mainstream and left-wing media are especially emphatic (and selective) about this; see these Google search results for "regulation's effect on jobs". For the segment of the left that prefers for government to run entire segments of the economy and life (such as health care), to acknowledge regulation harms wealth creation and in turn employment is a non-starter.
This can include a signed affidavit in personnel files to acknowledge regulation trainings.
Regulatory proponents sometimes acknowledge that regulation can cause employment problems when there is recession, such that it might be harder for workers to relocate and/or find other employment, but they default to slack demand as an explanation and to the "remedy" of more government spending.
In Los Angeles, port officials acknowledge that regulation must be gradual and careful or ships will pull up anchor and head for other ports, taking jobs with them.
Yet Thomas refuses to acknowledge abortion regulations as a burden, for they do not directly restrict patients' rights.
Ministers acknowledge that current regulation is overbureaucratic and uncompetitive.
Perhaps Mr. Feld has been so blinded by his own ardent passion for net neutrality that he can't countenance a reality check or acknowledge that government regulation is a blunt instrument that can have some unintended consequences or be misused by those who don't share his principled beliefs.
Acknowledge that regulation and self-regulation go hand in hand: Many recent advances in labour rights legislation have only come after better businesses have established good practice on a voluntary basis.
Mr Glaeser is acknowledging that regulations need to be improved but cautiously, so as not to strangle the market mechanism.
Officials acknowledged that regulations were not sufficiently developed to prevent such overuse.
