Although the Federal Trade Commission (FTC) was dealt a blow from the Supreme Court's ruling on Section 13(b), the commission is not sitting idle following the decision. Instead, the FTC has gone on the offensive with new measures in order to obtain monetary relief for perceived consumer injury. Read more about their efforts in this article from KelleyDrye.
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 made by direct-selling companies or members of their salesforce comply with legal and self-regulatory standards.
Once again, the Federal Trade Commission (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 hours to prove they have put actions into place to address their concerns. These posts include mentions of eliminating vaccines, boosting immunity, using a stimulus check to make more money, and much more.
The Federal Trade Commission (FTC) 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 about their products’ ability to treat or prevent coronavirus disease or about the earnings people who have recently lost income can make, or both.
A federal court granted the Federal Trade Commission’s (FTC) request to temporarily shut down an alleged pyramid scheme known as “Success By Health,” and to freeze the assets of the company and its executives.
In a case that is sure to reverberate across the direct selling industry, AdvoCare and its former CEO are required to pay $150 million in fines for allegedly operating a pyramid scheme. Join Momentum Factor's CEO Jonathan Gilliam and prominent direct selling attorney Spencer Reese on October 9 for a webcast as they provide you concrete steps to protect your company from what could be a new FTC approach to the industry.
For the first time in direct sales history, a truly independent self-regulatory body has been created to enforce social media and marketing rules among all direct selling companies, and their independent sales force. Join Momentum Factor's CEO Jonathan Gilliam and DSSRC Executive Director Peter Marinello for a lively webcast conversation on April 4th about how your company can stay out of hot water with this powerful new enforcement entity.