StevenGaleStudios, LLC.

Who is the FAA and can they regulate how I fly my drone?
Federal Aviation Administration (FAA) is the government agency in charge of regulating air space in the U.S.
Does the FAA have the authority to regulate how I fly my drone?
The short answer is no, the FAA cannot regulate the operation of remote-controlled model aircraft.
According to Peter Sachs, Esq. of the Drone Law Journal blog, the FAA has basic standing guidelines, but not directly enforceable laws.
Drones are classified by the FAA as Unmanned Aircraft Systems (UAS), and despite falling under the same classification as model aircraft they are in the process of becoming regulated by the FAA.

What are the laws surrounding drones?
There are currently no laws specifically targeting drones. For now, drones fall under the UAS (Unmanned Aircraft System) FAA classification, and as with all aircraft the FAA expects them to obey safety regulations.

Can I fly my drone for money?
Yes, many people already make a living off flying their drone. From aerial photographers to land surveyors and property managers, drones have opened the door to a new generation of entrepreneurs.