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FTC | RIN: 3084-AB34 | Publication ID: Spring 2015 |
Title: Rules and Regulations Under the Hobby Protection Act | |
Abstract:
The Hobby Protection Act, 16 U.S.C. sections 2101 to 2106, prohibits manufacturing or importing imitation numismatic and collectible political items unless they are marked in accordance with regulations prescribed by the Federal Trade Commission. The implementing rules (or rule), which became effective on February 6, 1975, prescribe the required markings on imitation political and numismatic items, specifying the sizes and dimensions of the type, the location of the marking, and how to mark incusable (those that can be impressed with a stamp) and nonincusable items. Specifically, imitation political items--such as buttons, posters, and coffee mugs--must be marked with the calendar year they were manufactured, and imitation numismatic items--including coins, tokens, and paper money--must be marked with the word "copy."
As part of its ongoing systematic review of all Federal Trade Commission rules and guides, on July 14, 2014, the Commission requested public comments on, among other things, the economic impact and benefits of the Rule; possible conflict between the Rule and State, local, or other Federal laws or regulations; and the effect on the Rule on any technological, economic, or other industry changes. 79 FR 40691. The comment period closed on September 22, 2014. Staff anticipates sending a recommendation to the Commission by the end of the second quarter of 2015. |
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Agency: Federal Trade Commission(FTC) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Prerule Stage |
Major: Undetermined | Unfunded Mandates: No |
CFR Citation: 16 CFR 304 | |
Legal Authority: 15 U.S.C. 2101 et seq |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Small Entities Affected: Businesses | Federalism: No |
Included in the Regulatory Plan: No | |
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest. | |
RIN Data Printed in the FR: No | |
Related RINs: Previously reported as 3084-AA90 | |
Agency Contact: Joshua S. Millard Federal Trade Commission 600 Pennsylvania Avenue NW., Washington, DC 20580 Phone:202 326-2454 Email: jmillard@ftc.gov |