Federal Trade Commission Enforcement Of The Franchise Rule

GAO-01-776 Federal Trade Commission: Enforcement of the Franchise Rule

In 2007, after 12 years of rulemaking activity, the Federal Trade Commission issued the first revision to the FTC franchise disclosure rule since it was promulgated in 1979. The Commission amendments to the rule include separating requirements for franchising and business opportunity ventures. These amendments will streamline the disclosure requirements, minimize compliance costs, and respond to changes in technologies and market conditions. This volume provides materials to help professionals comply with the new rules and includes: Text of the new franchise and business opportunity rules. The FTC's Statement of Basis and Purpose. Highlights and Analysis by David J. Kaufmann and David W. Oppenheim. Comparison chart of the new franchise rule with the UFOC Guidelines. Sample disclosure document for complying with the franchise rule.