Category: Insurance

The FTC has voted to issue an Advanced Notice of Proposed Rulemaking regarding its Business Opportunity Rule. This ANPRM will explore changes and possible expansion of the rule, which could have implications for the direct selling industry.

A recent NAD decision on claims within the debt relief space may provide key compliance lessons and insights for companies in all industries to consider. Read this article from Kelley Drye to learn more.

The FTC formally announced an open commission meeting for November 17 and one of the tentative agenda items includes a vote on whether to issue an Advanced Notice of Proposed Rulemaking (ANPRM) regarding the Business Opportunity Rule. Notably, any potential expansion of this rule could have implications for the direct selling industry.

The FTC has formally announced that it is exploring a potential rule to thwart deceptive or unfair reviews and endorsements.

The FTC has adopted a new strategy to obtain monetary relief in the state of California following the U.S. Supreme Court's earlier ruling in AMG Capital. Check out this article in JD Supra to learn more.

At the end of August, the FTC published its new strategic plan for the next five years. What was outlined continues to show the FTC's emphasis on enforcement following the loss of its 13(b) authority while broadening the commission's focus and being more aggressive in terms of goals.

A report published by the American Enterprise Institute (AEI) delved into efforts by the FTC to speed up decision-making processes through the establishment of rulemaking frameworks with less public input and more political control. AEI recently held a panel discussion with former FTC leaders to discuss the findings of the report and the direction of the current commission.

The use of influencers has become a major part of many marketing strategies in recent years. While there has always been a risk in terms of regulatory compliance regarding influencer marketing, businesses could face even more challenges with the Federal Trade Commission's (FTC) proposed Endorsement Guide changes.

With the Alvaro Bedoya appointment swinging the majority back in her favor at the FTC, Chair Lina Khan is looking to push off early setbacks and now utilize every tool at the commission's disposal to protect consumers from anticompetitive behavior and deceptive practices according to an article from The Washington Post.

The FTC is continuing to increase its enforcement efforts to protect consumers by now looking to update it guidance when it comes to digital disclosers. Feeling that some companies have used the previous guides as a way to deceive customers, the FTC is looking for modernized guidelines to prevent any such deception in the future.