Category: Compliance

The initial Momentum Factor Social Selling Update Quarterly Newsletter of 2024 has been released! Don't miss out on all of the professional news and insights for the direct selling executive.

The FTC sent letters to both the DSA and the DSSRC on Friday, March 15. While these letters or advisory opinions reflect the views of the current FTC staff and are not official Commission positions, the letter to the DSSRC raised concern about the program's guidance about income disclosure statements, and the letter to the DSA restated the FTC's position on the interpretation of the Koscot Test. Learn more in this article from Kelley Drye.

Calling all FieldWatchers! Check your inboxes for the first FieldWatch™ Newsletter of 2024. Full of the latest news and insights for FieldWatch clients everywhere, this digital newsletter is never one to miss!

The FTC has published inflation-adjusted civil penalty amounts for 2024 where the maximum civil penalty amount is now $51,744 per violation.

It can be demoralizing to have compliance constantly reaching out to correct claims that a seller assumed were just fine. Yes, monitoring is essential as you do not want your field to be easy target for regulators to put your company at risk.  So how do you monitor, keep the field happy and prevent future infractions at the same time? The answer is education through compliance training.

The FTC has issued warning letters to a pair of trade associations and at least a dozen influencers regarding improper social media posts. Notably, each letter also included the FTC’s notice of penalty offenses concerning misleading endorsements and indicated that the recipient could face civil penalties of up to $50,120 per violation.

If you haven't already registered your compliance team for FieldWatch™ Certification, now is the time! Through December 31, we are offering a 20% group discount (to be applied to your next FieldWatch™ invoice) for anyone on your compliance team not yet certified. Don't delay as this is a limited time offer.

Calling all FieldWatchers! Check your inboxes for the final FieldWatch™ Newsletter of 2023. Full of the latest news and insights for FieldWatch clients everywhere, this digital newsletter is never one to miss.

Neora's win over the FTC on September 28, 2023, was a landmark decision for the direct selling industry. And while there were many factors and reasons that allowed Neora to come out on top of this arduous court battle, we are proud to say that FieldWatch™ and its ability to provide effective compliance monitoring played an important part in the decision.

Due to circumstances, we have unfortunately had to postpone the next Factor Forum Webinar on the shifting regulatory landscape of the EU set for Tuesday, October 24 at 10 am Central. We will be attempting to reschedule at a later date and will announce details accordingly. We apologize for any inconvenience for those who have already registered.