Tweet Since 2011, the MLM Attorney Kevin Thompson and Sylvina Consulting have sponsored the best educational conference for new and young network marketing and party plan direct selling companies. We are pleased to announce the dates for our 5th conference. It will be held in Las Vegas on Thursday and Friday, May 30-31, 2013. This …
Category Archive: Legal
FTC Closes Fortune Hi-Tech Marketing
Tweet The Federal Trade Commission (FTC) works for consumers to prevent fraudulent, deceptive, and unfair business practices. Section 5(a) of the FTC Act, 15 U.S.C. § 45(a), prohibits unfair or deceptive acts or practices in or affecting commerce. Misrepresentations or deceptive omissions of material fact are deceptive acts or practices that are prohibited by Section …
New FTC Business Opportunity Rule
Tweet This month, I attended the 2012 Global Regulatory Summit held by the Direct Selling Association in Washington, DC. It is an annual event attended primarily by lawyers and employees of direct selling companies who are responsible for legal compliance. In March 2012, the Federal Trade Commission or FTC promulgated a significant new Business Opportunity Rule known …
What Is A Pyramid Scheme?
Tweet Pyramid schemes are clearly illegal, but what exactly is a pyramid and what is not? In the United States, the Federal Trade Commission is one of the governmental bodies that has the power to shut down pyramids. According to the FTC, one sign of a pyramid scheme is if distributors sell more product to …
MLM Legal: Be PRO(active)
Tweet The laws governing the network marketing industry are a complex tapestry involving state and federal statutes and an array of regulations. With all of the legal requirements, it’s not easy for companies in the industry to safely navigate the terrain. Based on my study of the law and countless cases, if a company is …
