Date of this issue: 5/09/06
Important News For Your Business
Greetings once again,
In this Issue:
- Proposed New Bill by The FTC
- New Business Opportunity Revealed!
I just received an informative email from the MLMIA (Multi-Level Marketing International Association).
This is very important information that may change the way you approach your business(es). See below for the details:
Proposed New Bill by The Federal Trade Commission
On April 12, 2006, the Federal Trade Commission proposed a new rule that will make it unlawful for any person who presents a business opportunity to do so without making specific affirmative disclosures on a federal form to every prospect seven days before the consummation of a deal. The failure to make the required disclosures is itself a deceptive advertising practice under the proposed rule. The practice is deceptive even if the underlying business transaction is legitimate.
This is a summary of many, but not all, key provisions of the proposed bill.
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