For Your Information
FTC Extends Public Comment Period on Potential Business Opportunity Rule Changes to January 31, 2023
The Â鶹´«Ã½ Trade Commission has voted to extend the public comment period for its advanced notice of proposed rulemaking on changes to the Business Opportunity Rule to January 31, 2023. A number of commenters requested that the FTC extend the current deadline due to the holiday season. Information on how to submit comments can be found in the .
In November 2022, the FTC issued an Advanced Notice of Proposed Rulemaking exploring changes to the Business Opportunity Rule, seeking comment from the public on the rule’s effectiveness and a potential expansion to the rule to cover other types of money-making opportunities, such as coaching or mentoring programs, e-commerce opportunities, or investment opportunities.
The Commission vote approving the public comment period extension was 4-0.
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