View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

FTC RIN: 3084-AB65 Publication ID: Spring 2022 
Title: Business Opportunity Rule 

During the latter part of 2022, the Commission plans to initiate periodic review of the Business Opportunity Rule as part of the Commission's systematic review of all current Commission rules and guides. The Commission plans to seek comments on, among other things, the economic impact and benefits of this rule; possible conflict between the rule and State, local, or other Federal laws or regulations; and the effect on the rule of any technological, economic, or other industry changes.

Effective in 2012, the Rule requires business opportunity sellers to furnish prospective purchasers a disclosure document that provides information regarding the seller, the seller's business, and the nature of the proposed business opportunity, as well as additional information to substantiate any claims about actual or potential sales, income, or profits for a prospective business opportunity purchaser. The seller must also preserve information that forms a reasonable basis for such claims.

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 437   
Legal Authority: 15 U.S.C. 41 to 58   
Legal Deadline:  None
Action Date FR Cite
Regulatory Review; Request for Comments  07/00/2022 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: State 
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-AB04 
Agency Contact:
Amanda Grier
Federal Trade Commission
600 Pennsylvania Avenue, NW,
Washington, DC 20580
Phone:202 326-3745