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Business Opportunity Rule

FTC · final-rule · Published 2011-12-08 · Effective 2012-03-01 · 76 FR 76816

Document

Document number
2011-30597
Federal Register citation
76 FR 76816
CFR reference
16 CFR 437
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Trade Commission
Publication date
2011-12-08
Effective date
2012-03-01

Abstract

The Commission is adopting final amendments to its Trade Regulation Rule entitled "Disclosure Requirements and Prohibitions Concerning Business Opportunities" ("Business Opportunity Rule" or "Rule"). Among other things, the Business Opportunity Rule has been amended to broaden its scope to cover business opportunity sellers not covered by the interim Business Opportunity Rule, such as sellers of work-at-home opportunities, and to streamline and simplify the disclosures that sellers must provide to prospective purchasers. The final Rule is based upon the comments received in response to an Advance Notice of Proposed Rulemaking ("ANPR"), an Initial Notice of Proposed Rulemaking ("INPR"), a Revised Notice of Proposed Rulemaking ("RNPR"), a public workshop, a Staff Report, and other information discussed herein. This document also contains the text of the final Rule and the Rule's Statement of Basis and Purpose ("SBP"), including a Regulatory Analysis.

Source

Authoritative
Federal Register document
Machine
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