« Selling MLM Products Without Scaring Your Friends | Main | Pro Poker Players Start MLM Business »

Jul12
The FTC - MLM Deadline for Comments
If you haven't heard anything about the proposed FTC rules about regarding MLM here are a few links for you:

Direct Selling Association - FTC Q & A

Summary and Opinion - FTC's new rules for MLM

FTC - MLM Comment Form - Give Your Comments Here

MLM Today:

FEDERAL TRADE COMMISSION 16 CFR Part 437
Business Opportunity Rule
AGENCY: Federal Trade Commission.
ACTION: Notice of proposed rulemaking.

SUMMARY: The Federal Trade Commission (the ‘‘Commission’’ or ‘‘FTC’’) is commencing a rulemaking to promulgate a trade regulation rule entitled ‘‘The Business Opportunity Rule’’ (or ‘‘the Rule’’), based upon the comments received in response to an Advance Notice of Proposed Rulemaking (‘‘ANPR’’) and other information discussed in this notice. The proposed Business Opportunity Rule would prohibit business opportunity sellers from failing to furnish prospective purchasers with material information needed to combat fraud and would prohibit other acts or practices that are unfair or deceptive within the meaning of section 5 of the Federal Trade Commission Act (‘‘FTC Act’’). DATES: Written comments must be received on or before June 16, 2006. Rebuttal comments must be received on or before July 7, 2006.

You can view and download a pdf of the actual 44-page document by clicking
https://secure.commentworks.com/ftc-bizopNPR/notice.pdf

*Note: The FTC published on June 1st that it is granting a one month extension to the comment deadline for the proposed business opportunity rule. That bumps the June 16 and July 7 deadlines each by one month to July 16 and August 7.

5 Comments/Trackbacks





Ty,

Did you get my emailing today about my new website: http://www.TheMasterMindSessions.com and the 'free' first Session with Len Clemants and Spencer Reese about this BusOp' Rule as an mp3 audio along with two PDFs...?

Might want to add this to your list above...

Please, check it out and let me know what you think (and, what essay? ;-)

... make that Clements :-)

In 1997, representatives from the DSA stated that they were opposed to being regulated at all, at the FTC hearings.

In the last 9 years, there have been a number of mlm frauds such as skybiz, globabl prosperity, and recently bioperformance. No voices from the DSA were raised about these frauds.

Thus proving, when you cannot regulate yourself, then someone else will.

Do you honestly believe that scams such as Bioperformance would follow any of the new rules?

The new rules would be a burden to legitimate companies and associates and ignored by scammers.

Has anyone heard any more on this?

submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Selling MLM Products Without Scaring Your Friends | Main | Pro Poker Players Start MLM Business »

Advertise

recent comments

    sponsored ads



    subscribe


    Prefer Email?
    Subscribe below-

    Enter your Email:


    Powered by FeedBlitz What's this?

    Current News

    Support This Blog

    blogroll


    business social media

    Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

    BIZZlogos - Add your logo - free link to your site
    BIZZphotos - Add photos of your products and people
    BIZZprofiles - Submit your profile and build your online visibility
    BIZZspotlight - Spotlight your business with free links
    BIZZvideos - Videos about businesses, products and business people.
    BIZZbites - "Digg" for Business - Submit your articles and posts

    News from Know More Media

    know more media network

    View Network Map

    Network Feed List (OPML)

    Know More Media Network
    Feed


    we support unitus

    PRWeb

    Influencer



    MultiLeveler is a member of the Know More Media network of business related blogs.

    Here are some current headlines from some of our business publications:

    ProductivityGoal

    CallCenterScript

    AdHurl

    TheBizofKnowledge

    LandingTheDeal

    CustomersAreAlways

    HealthCareVox

    BrainBasedBusiness

    TheInsurancePolicy

    MarketingBlurb