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The Regulatory Flexibility Act: created the process of hybrid rule making. requires publication of rule notices in trade magazines. requires a six-month comment period in formal rule making. allows regulators to promulgate rules without prior notice.

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  1. 6 October, 14:28
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    requires publication of rule notices in trade magazines.

    Explanation:

    The intent of the Regulatory Flexibility Act (RFA), is to adjust regulatory standards to the size of the undertakings, organizations and governmental jurisdictions subject to the Legislation. The RFA instructed the agencies to explore regulatory options for small companies and to explore their views and needs during the regulatory process. Under the provision of RFA, the regulatory objectives of government departments will be published twice a year in the Federal Register.
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