The FAA regulations for commercial drone operations covered by 14 CFR Part 107 are in effect as of August 29th 2016.  Check out some of the key regulations below.

Eligibility

107.61

(a) Be at least 16 years old
(b) Read, write and speak English
(c) Not have a physical or mental condition that may interfere with safe operation of a sUAS
(d) Demonstrate aeronautical knowledge by satisfying one of the following
(1) Pass a knowledge test covering the knowledge items specified in 107.73(a); or
(2) If a person holds a pilot certificate under part 61, meets flight  review requirements specified in 61.56, complete an initial training course covering the knowledge items covered in 104.74(a)

Operating Limitations

(a) Ground speed not to exceed 87 knots (100 mph)
(b) Altitude no greater than 400 feet.  Unless:
(1) The sUAS is flown within a 400 foot radius of a structure, but cannot be flown any higher than 400 feet above the structure
(c) Minimum flight visibility no less than 3 statute miles
(d) Minimum distance from cloud must be no less than
(1) 500 feet below the cloud; and
(2) 2000 feet horizontally from the cloud

107.29

(a) No person may operate a sUAS during night
(b) No person may operate a sUAS during periods of civil twilight unless the sUAS has lighted anti-collision lighting visible for at least 3 statute miles.

107.39

No Person may operate a small unmanned aircraft over a human being unless that human being is:
(a) Directly participating in the operation of the sUAS
(b) Located under a covered structure or inside a stationary vehicle that can provided reasonable protection from a falling sUAS

107.25

No person shall operate from a moving aircraft or from a moving land or water device unless:
(a) The sUAS is flown over a sparsely populated area and is not transporting another person’s property for compensation or hire

Operating Requirements

107.41

Prior authorization from Air Traffic Control is required  to operate in Class B, C, or D airspace

107.31

The RPIC and person manipulating the controls, or a visual observer (if used), must be able to see the unmanned aircraft throughout entire flight in order to:
(1) Know the unmanned aircrafts location
(2) Determine attitude, altitude, and direction of flight
(3) Observe the airspace for other air traffic or hazards
(4) Determine that the unmanned aircraft does not endanger the life or property of another

107.35

A person may not operate or act a  RPIC or VO in operation of more than one sUAS

107.25

No person shall operate from a moving aircraft or from a moving land or water device unless
The sUAS is flown over a sparsely populated area and is not transporting another person’s property for compensation or hire