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A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States.It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007.
In the United States, the Federal Trade Commission has oversight of franchising, rather than the US Securities and Exchange Commission. [citation needed] [clarification needed] The FTC administrates oversight via the FTC franchise rule. [1] The FTC announced an update to the franchise Rule on January 23, 2007, becoming effective July 1, 2007. [2]
The FTC identified three types of enforcement measures: self-regulation by the information collectors or an appointed regulatory body; private remedies that give civil causes of action for individuals whose information has been misused to sue violators; and government enforcement that can include civil and criminal penalties levied by the ...
Buyers of Chinese-Made Pyrex Getting Refunds. Lacey Muszynski. October 8, 2024 at 2:00 PM. ... In 2023, the FTC filed legal action against Instant Brands on behalf of consumers.
The Federal Trade Commission finalized its CARS Rule — the Combating Auto Retail Scams Rule — on Dec. 12, 2023, with talk about bringing more transparency to car buying and leasing.
The FTC will be mailing 248,931 checks to consumers. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust law enforcement with the Department of Justice Antitrust Division.
Nationwide, 36,757 comfy shoe buyers will receive part of a nearly $1.9 million settlement that was reached between the HeyDude brand and the Federal Trade Commission. Median refund amount: $47.