FTC Explores Changes, Possible Expansion of Its Business Opportunity Rule

One key tool is our Business Opportunity Rule, and we want to hear from the public on how we can improve it.

Metadata
Provider: 
FTCFTC
URL: 
https://www.ftc.gov/news-events/news/press-releases/2022/11/ftc-explores-changes-possible-expansion-its-business-opportunity-rulehttps://www.ftc.gov/news-events/news/press-releases/2022/11/ftc-explores-changes-possible-expansion-its-business-opportunity-rule
Retrieved on: 
Saturday, November 26, 2022
Information
Tags: 
Consumer protection, Federal Trade Commission, Sale, FTC, Language, Compliance, Commission, Thought, Processor register, News, Social media, Policy, Rule, Federal Register, Bureau, Blog, Industry, Comment, Color, Dietary supplement, Risk management, Property management, Online shopping
Summary
Key Points: 
  • One key tool is our Business Opportunity Rule, and we want to hear from the public on how we can improve it.
  • The FTCs Business Opportunity Rule was first adopted in 2012, making it easier for people to get the information they need when they are thinking about investing in a business opportunity.
  • The Business Opportunity Rule prohibits those selling a business opportunity from making deceptive statements, and it requires them to make a number of key disclosures to potential buyers, including:
    - The sellers identifying information.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.
Copyright: 
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