Sports Agent Responsibility and Trust Act

Rule/Law:

15 U.S.C. § 7801-7807

This Act prohibits certain conduct by sports agents relating to the signing of contracts with student athletes. It makes it unlawful for an agent to directly or indirectly recruit a student athlete by giving any false or misleading information, making a false promise or representation, or providing anything of value to a student athlete, or anyone associated with the athlete, before he or she has entered into an agency contract. The Act further requires agents to provide student athletes with a disclosure document, warning them that they may lose their eligibility to compete as student athletes in their sports. The Act provides the Commission and state attorneys general with enforcement authority.