Tag Archive for Regulations

‘Lumosity simply did not have the science to back up its ads,’ said the FTC’s director of consumer protection.

Which Small Business Owners Think Their State Governments Are Supportive?

by Scott Shane • October 21, 2015 • 0 Comments

Whether small business owners think their state government is supportive or hostile depends on who they are, the kind of business they are running, where they are located and their political beliefs.

Brands: Get Up to Date on Federal Trade Commission Guidelines

by Eric Dahan • October 15, 2015 • 0 Comments

Be aware of new FTC regulations regarding advertising and social media.

Will Decriminalization of Sex Work Become the Next Anti-Regulation Battle?

by Kate Taylor • October 8, 2015 • 0 Comments

As the case for legalizing marijuana gains steam across the U.S., sex workers and activists are following suit, arguing that criminalizing their work does more harm than good.

Where The FTC Went Right — And Where It Went Wrong

by Tina Williams • August 29, 2015 • 0 Comments

If Amway could make it out of the problems they had and come out the strongest network marketing company in the world, there’s a strong chance that Vemma can make it out of this as well — and probably better for it.
Whether you agree with the FTC or not about their reasons, it’s still an organization Americans need to understand and respect if they want to stay off the FTC radar.
The recent allegations against Vemma by the FTC are strong, to say the least. But what isn’t strong, is network marketing’s response to it. True to fashion, the response has been a retalliation against the allegations, disregarding the accusations. It is doubtful that most network marketers have read the details of the report.
In a nutshell, Vemma is in trouble because some time

Hot Business News Today

No Eggs, No Mayo: FDA Goes After Hampton Creek for Naming Its Vegan Spread 'Just Mayo'

by Laura Entis • August 26, 2015 • 0 Comments

The FDA is not amused.

Hot Business News Today

SEC Warns Public About Forward Direct Selling Corp.

by Tina Williams • August 25, 2015 • 0 Comments

State-owned corporate regulator Securities and Exchange Commission (SEC) has issued a warning to the public about fraudulent investment schemes the SEC says are being undertaken by firm Forward Direct Selling Corp.

In an advisory, SEC said Forward Direct Selling Corp. is “inviting people to invest under the same scheme used by One Lightning Corp.,” which earlier was issued a cease-and-desist order from the commission.

“It has come to the attention of the commission that Forward Direct Selling Corp. is being operated by the same people behind One Lightning Corp,” SEC said, adding, “Using a different technology to make it appear that it is engaged in multilevel marketing, Forward Direct Selling Corp. is practically operating the same marketing program as One Lightning.”

SEC said that despite the change in corporate name, Forward Direct Selling’s marketing program

Hot Business News Today

Apple's Tim Cook Made a Rookie Mistake and Might Face SEC Sanctions

by Ray Hennessey • August 24, 2015 • 0 Comments

The CEO of Apple, which is notoriously tight-lipped, selectively released information about his company’s performance. That’s not good.

Hot Business News Today

Philippines SEC Tightens Regulations To Curb Pyramid Schemes

by Ramya Chandrasekaran • August 20, 2015 • 0 Comments

The Philippines Securities and Exchange Commission (SEC) will tap local government units (LGUs) as part of the government’s intensified campaign against investment scams, amid the proliferation of get-rich-quick schemes in the country.

“SEC will engage LGUs in coordination with DILG (Department of Interior and Local Government) because companies, firms have to secure first business permits from LGUs before they can operate in localities,” said Armando A. Pan, Jr., officer-in-charge of the SEC Office of the Commission Secretary, in a text message on Sunday.
“So LGUs have to be watchful to ensure that businesses operating in their jurisdiction are legitimate,” Mr. Pan said.

The Department of Trade and Industry (DTI), through its Consumers’ Protection and Advocacy Bureau, and the SEC, through its Enforcement and Investor Protection Department, has instituted measures to warn the public against pyramid