FTC Comment Deadline Extended to July 17th
As the result of a letter from the Direct Sellers Association, dated May 5th, 2006 the FTC has decided to extend the comment period on its new Business Opportunity Rule to July 17th, 2006. The DSA had asked for a 90 day extension because of the purported serious and negative impact that the new rule would have on the direst selling community. The FTC declined to extend the comment period for a full 90 days apparently since the DSA did not point to any particular change which it was concerned with.
At the hearings in 1997, it is my recollection that the DSA was adamantly opposed to having any public disclosure of its customer or client's list. The feeling among the DSA was that these was confidential information and these sellerss could easily be approached by a rival direct selling group and induced to change sides, even if the "rivals" were not in the same field. The oppositon by the DSA to being regulated was fairly blunt at the time.
Technorati Tags: dsa, ftc, public disclosure, confidential information, business opportunity rule
