The battery powered devices allow users to inhale vaporized nicotine.
FDA Commissioner, Dr. Margaret Hamburg says,
"We need to understand a lot more about how they're being used and what are the potential risks and benefits of e-cigarettes."
Once the FDA proposal is approved, new regulations will prohibit the sale of e-cigarettes to anyone under 18, would be banned from vending machines, and would carry a warning label that nicotine is addictive.
Just like regular cigarette manufacturers, e-cigarette makers would also have to register with the FDA and provide a list of all ingredient that go into their product.
Puneet Nanda, the founder of e-cigarette marker Rejuve, says the devices are safer than tobacco cigarettes.
"I think this is a great product for people who are addicted to smoking, who just can't live without it, who are already trying to quit.
The e-cigarette industry is expected to top one-billion dollars in sales in 2014.
A report last fall from the Centers for Disease Control and Prevention showed the number of middle school and high school students who tried electronic cigarettes doubled to nearly two million kids in 2012.