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STATEMENT OF BASIS AND PURPOSESummary of the basis and purpose for the rule or rule change. (State what the rule says or does, explain why the rule or rule change is necessary and what the program
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Form proposed rule change is a document that outlines the details of a proposed rule change within a particular organization or regulatory body.
The individuals or entities responsible for proposing the rule change are required to file form proposed rule change.
Form proposed rule change typically requires the filer to provide information such as the reason for the proposed rule change, impact assessment, implementation plan, and any supporting documentation.
The purpose of form proposed rule change is to document and communicate the details of a proposed rule change to the relevant stakeholders for review and approval.
Information such as the proposed rule change description, rationale, potential impacts, implementation timeline, and any supporting data or analysis must be reported on form proposed rule change.
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