Rulemaking guidelines play an important role in the development and implementation of rules or regulations set forth by a regulatory agency or governing body. These guidelines aim to ensure fairness throughout the rulemaking process by providing transparency and an inclusive approach, ultimately yielding effective, appropriate, and enforceable results. To reach such results, public notice and comment requirements, cost-benefit analysis, and consideration of alternative approaches must be included in the guidelines. In this way, the interests and perspectives of all stakeholders can be accounted for, thereby achieving the ultimate goal of preserving fairness and consistency in the rulemaking process.
