Category: Regulatory

The DSSRC - part of BBB National Programs - will be holding its virtual Direct Selling Summit on Tuesday, June 4, and Momentum Factor's own Travis Wilson will be presenting.

On Wednesday, May 1, the FTC staff released updated business guidance for multi-level marketing, which revises previous guidance from 2018. Read this article from Kelley Drye to learn more.

After proposing a rule back in January of 2023 to potentially ban noncompetes, the FTC voted to ban noncompete agreements nationwide on Tuesday, April 23.

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.

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

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.

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.

In an important regulatory decision for the direct selling industry, Neora has won its case against the FTC. Read the full press release here.

Momentum Factor Director of Business Development Travis Wilson will be hosting a panel session at the upcoming 2023 Direct Selling Association (DSA) Legal & Regulatory Seminar from Sept. 20-22 in Washington, D.C.

In case you missed it or want to re-watch the July 12th event again, a full recording of the SSN Webinar - The FTC's Recent Anti-Pyramid Case Win: "What Direct Sellers Should Know."  is now available.