There are no special rules; in fact, there are no rules and no one teaching them or watching for errors. Punctuate minimally and to avoid total confusion. I see 'Jingle Bells' as equally catchy whether it is punctuated this way – Dashing through the snow In a one horse open sleigh Over the fields we go Laughing all the way Bells on bob tails ring Making spirits bright What fun it is to laugh and sing A sleighing song tonight – or this way – Dashing through the snow In a one horse open sleigh, Over the fields we go, Laughing all the way.
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