Business Blog
Reviewing the Franchise Rule: What’s on the agenda?
Buying a franchise is a major financial commitment for consumers. The Franchise Rule was put in place to ensure consumers have key information to weigh the risks and benefits of their potential investment. As part of its ongoing regulatory review process, the FTC is hosting an online workshop, Reviewing the Franchise Rule, on Tuesday, November 10, 2020. Check out the just-released agenda.
FTC Bureau of Consumer Protection Director Andrew Smith will convene the virtual workshop at 1:00 ET. The next speaker will be Congressman Kevin Hern of Oklahoma.
Reviewing the Franchise Rule features three panels, each offering insights from franchisors, franchisees, and law enforcers. The first panel will focus on Financial Performance Representations: What Should be Disclosed? And Why?
Next on the agenda will be a discussion of Disclaimers, Waivers, & Questionnaires.
The final panel of the day will consider The Pros and Cons of the Current FDD (Franchise Disclosure Document) Format. Lois Greisman, Associate Director of the FTC’s Division of Marketing Practices will offer closing remarks at 4:30 ET.
Reviewing the Franchise Rule is free and open to the public. Watch the webcast from a link on the event page that will go live a few minutes before the 1:00 ET start time on November 10th.
We’re leaving the public record open, so you’ll have until December 17, 2020, to file public comments at regulations.gov about the issues discussed at the workshop.
It is your choice whether to submit a comment. If you do, you must create a user name, or we will not post your comment. The Federal Trade Commission Act authorizes this information collection for purposes of managing online comments. Comments and user names are part of the Federal Trade Commission’s (FTC) public records system, and user names also are part of the FTC’s computer user records system. We may routinely use these records as described in the FTC’s Privacy Act system notices. For more information on how the FTC handles information that we collect, please read our privacy policy.
The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. Your thoughts, ideas, and concerns are welcome, and we encourage comments. But keep in mind, this is a moderated blog. We review all comments before they are posted, and we won’t post comments that don’t comply with our commenting policy. We expect commenters to treat each other and the blog writers with respect.
We don't edit comments to remove objectionable content, so please ensure that your comment contains none of the above. The comments posted on this blog become part of the public domain. To protect your privacy and the privacy of other people, please do not include personal information. Opinions in comments that appear in this blog belong to the individuals who expressed them. They do not belong to or represent views of the Federal Trade Commission.