Last August, Social Selling News reported on the U.S. Direct Selling Association’s (DSA) announcement of the formation of a new self-regulatory body that would monitor and act upon all companies identified as direct sellers and multi-level marketers, whether or not they are members of the industry association. The entity is now live and has a name: the Direct Selling Self-Regulatory Council (DSSRC).
Momentum Factor, the leading global provider of compliance monitoring and reputation management services to the direct selling industry, has announced an ambitious new program designed to further protect members of its industry from regulatory and brand risks. The new program, FWCore, is an enhancement to its flagship offering FieldWatch™.
As we approach the deadline for putting GDPR compliance in place, our team at Momentum Factor is receiving more questions about our interpretation of the regs, what we’re doing about it, and what our clientele can do to protect against regulatory risk in the EU.
Multi-level marketing is a diverse and varied industry, employing many different structures and methods of selling. Although there may be significant differences in how multi-level marketers sell their products or services, core consumer protection principles are applicable to every member of the industry. The FTC staff offers this non-binding guidance to assist direct sellers and MLMs in applying those core principles to their business practices
BK Boreyko to keynote Direct Selling Legal & Compliance Summit (DSLC), which focuses on risk reduction for direct selling companies. To be held at the Austin W Hotel from January 18-19, 2018
The fact that legal challenges can have devastating consequences for direct selling firms does not come as news to veterans of the industry. Fortunately, our experts interpret recent legal challenges as reminders of the necessity of rigorous, up-to-date compliance and practices and policies, not as omens of a regulatory sea change. Class action litigation will force companies to continue to examine their business practices to ensure that they are in compliance with current FTC directives.
In exchange for your feedback, you will gain early access and preferred pricing when we release this summer. Send us a note and let us know your interest!
The program is designed to deliver bite-sized, to-the-point compliance training directly to violators of your policies and those who need it.
The US FDA on Tuesday announced sending 14 warning letters and four online advisory letters to companies selling dozens of products that claim to cure, diagnose, treat or prevent cancer.
Momentum Factor CEO Jonathan Gilliam was recently featured in a MLM.com podcast to provide his thoughts about compliance challenges, reputation issues, and what direct selling companies can do to train their distributors, shape their culture, prevent illegal claims and avoid damage to their online reputations.
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