Federal Trade Commission July 9, 2013 – Federal Register Recent Federal Regulation Documents

The Federal Trade Commission (``Commission'' or ``FTC'') seeks public comment on proposed amendments to the Telemarketing Sales Rule (``TSR'' or ``Rule''). The proposed amendments would: Bar sellers and telemarketers from accepting remotely created checks, remotely created payment orders, cash-to-cash money transfers, and cash reload mechanisms as payment in inbound or outbound telemarketing transactions; expand the scope of the advance fee ban on ``recovery'' services, now limited to recovery of losses in prior telemarketing transactions, to include recovery of losses in any previous transaction; and clarify other TSR provisions as discussed at the outset of the SUPPLEMENTARY INFORMATION section.