Category: FTC
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FTC’s Business Opportunity Rule Expands to Coaching — Must Read!
In a recent press release, the Federal Trade Commission (FTC) is considering an expansion to its Business Opportunity Rule to include coaching services, e-commerce merchants, and investment opportunities. As an online coach, you must provide potential customers with a disclosure document that outlines key information about your business. Failure to do so could result in…
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FTC Takes Down DK Automation — Does Your Crypto Business Stand a Chance?
In the latest news, the Federal Trade Commission (FTC) takes action against DK Automation LLC (AMZDFY) and its owners, David Shawn Arnett and Kevin David Hulse, due to false claims of earnings potential, false reviews, and lack of disclosure for consumers. It’s estimated that nearly $575 million of consumer money was lost due to their…
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The FTC Lost Against AMG – What’s That Mean for Your Business?
By now, you’ve probably heard news about the AMG Capital Management, LLC v. FTC case. If not, we have a quick recap below. This isn’t a breaking news story or legal banter about regulatory changes and related directives or future directives. Rather, we’re looking at this case and how it potentially affects you, a merchant.…
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FTC regulations are tough on coaching businesses. Here’s how you can stay compliant.
The FTC has been cracking down on online coaching businesses for years with new case studies uploaded to their own blog each week. But coaching businesses are lucrative, especially when it’s the passion of the business owner and in no way, shape, or form is being an online coach illegal. The problem the Federal Trade Commission (FTC) has for these types…
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FTC Compliance: Agora’s Mistakes and How You Can Avoid Them
Agora is making headlines recently regarding its $2 million settlement to the FTC. The Baltimore, Maryland-based publisher is found guilty of scamming senior citizens into making purchases. This is a growing issue during the ongoing pandemic, making it difficult for companies to feel comfortable utilizing financial offers in business practices while maintaining FTC compliance. You…
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