16 CFR Part 429, Rule Concerning Cooling-Off Period For Sales Made At Homes Or At Certain Other Locations, FTC File No. P087109
While it is true that $25 no longer buys what it used to, that fact alone is not a reason to change the minimum. At issue is the prevalence of disingenuous sales tactics that persist today, in spite of the FTC's best efforts. If "Caveat Emptor" is still the way of buying and selling in the United States, the FTC should keep the minimum where it is, reducing loopholes - even if not very many - that dishonest salespeople can use to deceive potential buyers. Thank you for providing this opportunity to comment. ~ Frances Goff, [redacted], CA.