Proposed Rule2023-01433
Business Opportunity Rule
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 25, 2023
Effective
November 25, 2022
Issuing agencies
Federal Trade Commission
Abstract
The Federal Trade Commission ("FTC" or "Commission") is extending the deadline for filing comments on its advance notice of proposed rulemaking ("ANPR") concerning its trade regulation rule entitled the "Business Opportunity Rule".
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 16 (Wednesday, January 25, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 16 (Wednesday, January 25, 2023)]
[Proposed Rules]
[Page 4796]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-01433]
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
16 CFR Part 437
Business Opportunity Rule
AGENCY: Federal Trade Commission.
ACTION: Notice of proposed rulemaking; extension of public comment
period.
-----------------------------------------------------------------------
SUMMARY: The Federal Trade Commission (``FTC'' or ``Commission'') is
extending the deadline for filing comments on its advance notice of
proposed rulemaking (``ANPR'') concerning its trade regulation rule
entitled the ``Business Opportunity Rule''.
DATES: For the ANPR published November 25, 2022 (87 FR 72428), the
comment deadline is extended from January 24, 2023, to January 31,
2023.
FOR FURTHER INFORMATION CONTACT: Melissa Dickey (202-326-2662),
<a href="/cdn-cgi/l/email-protection#660b020f050d031f2600120548010910"><span class="__cf_email__" data-cfemail="abc6cfc2c8c0ced2ebcddfc885ccc4dd">[email protected]</span></a>, Attorney, Division of Marketing Practices, Bureau of
Consumer Protection, Federal Trade Commission, 600 Pennsylvania Avenue
NW, Washington, DC 20580.
SUPPLEMENTARY INFORMATION: On November 17, 2022, the Commission
announced that it would seek public comments on whether to make changes
to the Business Opportunity Rule (the ``Rule''). The FTC's Regulatory
Review and Request for Public Comment was subsequently published in the
Federal Register, with January 24, 2023, established as the deadline
for the submission of comments. See 87 FR 72428 (Nov. 25, 2022). With
this publication, the Commission sought to solicit comments about the
efficiency, costs, benefits, and regulatory impact of the Rule, as part
of its ten-year regulatory review plan, as well as to inform its
consideration of whether the Rule should be extended to include
business opportunities and other money-making opportunity programs not
currently covered by the Rule, including business coaching and work-
from-home programs, investment coaching programs, and ecommerce
opportunities.
Interested parties have subsequently requested an extension of the
public comment period to give them additional time to respond to the
ANPR's request for comment. The Commission agrees that allowing
additional time for filing comments in response to the ANPR would help
facilitate the creation of a more complete record. The Commission has
therefore decided to extend the comment period for seven days, or to
January 31, 2023. A seven-day extension will provide commenters
adequate time to address the issues raised in the ANPR.
By direction of the Commission.
Joel Christie,
Acting Secretary.
[FR Doc. 2023-01433 Filed 1-24-23; 8:45 am]
BILLING CODE 6750-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on January 25, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.