Public participation

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In administrative rulemaking, public participation refers to the process by which proposed rules are subject to public comment for a specified period of time. Public participation is typically mandatory for rules promulgated by executive agencies of the U.S. government. Statutes or agency policies may mandate public hearings during this period.

The words, public participation are also used by governments to describe the process of allowing the public to purchase the equity of, and participate in the profits of privatized state-owned enterprises by way of an Initial Public Offering.