FTC Issues Press Release on FTC Proposed Business Opportunity Rule: Actual Text

By Jeff Babener, Copyright 2006

In April 2006, the FTC released a sweeping proposed change in its FTC Business Opportunity Rule. The proposal was immediately and strongly criticized by representatives of and experts in the MLM, Direct Sales, Direct Selling, Network Marketing and Party Plan industry. The process to a completed Rule is expected to last 18 months to 3 years. Below is listed the actual text of the FTC Public Statement on the FTC Proposed Business Opportunity Rule, which explains the FTC rationale and position on its proposal. For extensive analysis, text of the actual FTC Proposed Business Opportunity Rule and ongoing updates, please visit www.mlmlegal.com.

Please click here to download and read the complete text in PDF format of the FTC Proposed Business Opportunity Rule.

Look for ongoing updates on the status of the FTC Proposed Business Opportunity Rule at MLMLegal.com. Copyright of Jeff Babener, Babener & Associates