7.01.2006

New FTC proposed regulations - Introduction


This week, I will be sharing information related to the Federal Trade Commission proposals for new and expanded regulations for ANYONE presenting a business opportunity, which includes EVERY person involved in Network Marketing but certainly not limited only to a multi-level marketing (MLM) model.

This is a huge issue for all Americans, not just those involved in networking. Regardless of where you may stand with respect to your thoughts and feelings about MLM, regardless of your thoughts and experiences with a particular company; the adoption of these proposed regulations have more far reaching effect than merely providing "consumer protection".

The FTC is continuing to solicit comments from those that wish to do so. It is important to note that this issue has received a deadline extension. The Federal Trade Commission was petitioned by concerned citizens and organizations to extend the original deadline of June 16, 2006. These proposals were first published on April 12, 2006.

Stay tuned for Part One.

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