regulate
Pronunciation: /ˈrɛgjʊleɪt/
verb
- control or maintain the rate or speed of (a machine or process) so that it operates properly: a hormone which regulates metabolism
- control (something, especially a business activity) by means of rules and regulations: the Code regulates the takeovers of all public companies
- set (a clock or other apparatus) according to an external standard: the standard time by which other clocks were regulated

Origin:
late Middle English (in the sense 'control by rules'): from late Latin regulat- 'directed, regulated', from the verb regulare, from Latin regula 'rule'