Federal Trade Commission April 12, 2006 – Federal Register Recent Federal Regulation Documents

The Federal Trade Commission (the ``Commission'' or ``FTC'') is commencing a rulemaking to promulgate a trade regulation rule entitled ``The Business Opportunity Rule'' (or ``the Rule''), based upon the comments received in response to an Advance Notice of Proposed Rulemaking (``ANPR'') and other information discussed in this notice. The proposed Business Opportunity Rule would prohibit business opportunity sellers from failing to furnish prospective purchasers with material information needed to combat fraud and would prohibit other acts or practices that are unfair or deceptive within the meaning of section 5 of the Federal Trade Commission Act (``FTC Act'').