FTC Announces Schedule for Reviewing Regulations (2013)

As part of the Federal Trade Commission’s systematic review of all current FTC rules and guides, the agency is announcing a modified 10-year regulatory review schedule. 

To ensure that its rules and industry guides stay relevant and are not overly burdensome, the Commission reviews them on a 10-year schedule.  The review schedule is published each year, with adjustments in response to public input, changes in the marketplace, and resource demands.  For 2013, the Commission intends to begin reviews of, and solicit comments on, the following rules:

  • Telemarketing Sales Rule, 16 CFR Part 310;
  • Regulations under Section 4 of the Fair Packaging and Labeling Act, 16 CFR Part 500;
  • Exemptions from Requirements and Prohibitions under Part 500, 16 CFR Part 501;
  • Regulations under Section 5(c) of the Fair Packaging and Labeling Act, 16 CFR Part 502; and
  • Statements of General Policy or Interpretation [under the Fair Packaging and Labeling Act], 16 CFR Part 503.

The Commission is currently reviewing 22 of the 65 rules and guides within its jurisdiction.  The agency is postponing review of the Preservation of Consumers’ Claims and Defenses [Holder in Due Course Rule], 16 CFR Part 433, previously scheduled for 2013, until 2014.

The Commission vote to publish the proposed Federal Register notice regarding its regulatory review program was 4-0.

The Federal Trade Commission works for consumers to prevent fraudulent, deceptive, and unfair business practices and to provide information to help spot, stop, and avoid them. To file a complaint in English or Spanish, visit the FTC’s online Complaint Assistant or call 1-877-FTC-HELP (1-877-382-4357). The FTC enters complaints into Consumer Sentinel, a secure, online database available to more than 2,000 civil and criminal law enforcement agencies in the U.S. and abroad. The FTC’s website provides free information on a variety of consumer topics.  Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Issues Final Rule Expanding CFIUS Coverage of Real Estate Transactions Around More Than 60 Military Installations

WASHINGTON – Today, the U.S. Department of the Treasury (Treasury), as Chair of the Committee…

4 days ago

U.S. Department of the Treasury’s CDFI Fund and Federal Housing Finance Agency Collaborate to Bolster CDFI Access to Capital

WASHINGTON—Today, the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) and…

4 days ago

Report on U.S. Portfolio Holdings of Foreign Securities at Year-End 2023

Washington – The findings from the annual survey of U.S. portfolio holdings of foreign securities…

5 days ago

READOUT: U.S. Department of the Treasury Hosts Roundtable Discussion on the Financial Sector’s Response to Recent Hurricanes

WASHINGTON – The U.S. Department of the Treasury hosted a roundtable on October 30 with…

5 days ago

READOUT: Sixth Meeting of the Financial Working Group Between the United States and the People’s Republic of China

WASHINGTON – The United States and the People’s Republic of China held the sixth meeting…

5 days ago

Treasury Sanctions Key Members of La Linea, a Group Involved in Trafficking Fentanyl into the United States

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

5 days ago