The FTC has announced that the agency is creating a new and dedicated “rulemaking group,” a move that would strengthen the FTC’s ability to invoke civil penalties outside its historical use of 13(b). Full article here.
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Thought leadership for the direct selling community. We focus on industry news that starts conversations and educates executives on what challenges they face online.
FTC cracks down on income claims in “Operation Income Illusion”
The Federal Trade Commission (FTC) together with federal, state, and local law enforcement partners announced Operation Income Illusion, a nationwide crackdown on illegal income claims. According to the FTC, Operation Income Illusion focused on scammers making false promises of income … Continue Reading
Momentum Factor Wins 4th Inc. 5000 Award as One of America’s Fastest-Growing Private Companies—Inc. 5000
AUSTIN, Texas, August 14, 2020 – Inc. Magazine has recognized Momentum Factor, a leading global provider of online risk mitigation applications and services, amongst the fastest growing companies in the U.S. on its annual Inc. 5000 rankings for the fourth … Continue Reading
Direct Selling Self-Regulatory Council Issues New Guidance on Earnings Claims for Direct Sellers
Arlington, VA – July 9, 2020 – BBB National Programs’ Direct Selling Self-Regulatory Council (DSSRC), in partnership with the Direct Selling Association (DSA), today released new Guidance on Earnings Claims that defines and identifies earnings claims to ensure all representations … Continue Reading
Supreme Court Upholds Federal Government to Disgorge Illegal Profits
The 8-1 decision is a victory for the federal government and its power to “disgorge” money from those who obtained it illegally. “The court holds today that a disgorgement award that does not exceed a wrongdoer’s net profits and is … Continue Reading
Momentum Factor builds another home in Mexico for the poor, sustains the families through the pandemic.
In late February, employees worked side by side with locals to build home for a family in need. Now they are ensuring the family has enough in food and supplies during the pandemic. AUSTIN, TX — Momentum Factor, the leading … Continue Reading
Second Round of FTC Warning Letters Hits Direct Sellers
Once again, the FTC has sent out a round of letters to a new list of MLM companies warning them to stop their field from posting that their products can cure the Novel Coronavirus/ SARS-CoV2.They are giving the companies 48 … Continue Reading
Momentum Factor Clears $1.8M in Medical Debt for Austin’s Needy
COVID-19 pandemic creates a new sense of urgency for one firm determined to help the less fortunate clear their oppressive medical debt. May 5, 2020 / AUSTIN, Texas — Momentum Factor, an Austin-based technology firm, has purchased $1.8 million worth of … Continue Reading
FTC Sends Warning Letters to Multi-Level Marketers Regarding Health and Earnings Claims They or Their Participants are Making Related to Coronavirus
Ten letters target companies pitching business opportunities, supposed health benefits in response to pandemic The Federal Trade Commission today announced it has sent 10 letters warning multi-level marketing companies (MLMs) to remove and address claims that they or their participants are making … Continue Reading
Letter From the CEO: Compliance Never Rests.
Dear Momentum Factor Clients and Friends, In the past weeks we’ve all been flooded with emails and scary news, much of it causing angst and confusion. Yes, this is pretty awful. But we will get through it. We will be … Continue Reading