Federal Trade Commission
In this document, the FTC issues a Notice of Proposed Rulemaking ("NPRM" or "Notice") to amend the FTC's Telemarketing Sales Rule ("TSR" or "Rule") to address the sale of debt relief services. The Commission seeks public comment on the proposed amendments, which would: define the term "debt relief service"; ensure that, regardless of the medium through which such services are initially advertised, telemarketing transactions involving debt relief services would be subject to the TSR; mandate certain disclosures and prohibit misrepresentations in the telemarketing of debt relief services; and prohibit any entity from requesting or receiving payment for debt relief services until such services have been fully performed and documented to the consumer. This NPRM invites written comments on all issues raised by the proposed amendments and seeks answers to the specific questions set forth in Section VIII of this Notice. This document also contains an invitation to participate in a public forum, to be held following the close of the comment period, which will afford Commission staff and interested parties an opportunity to discuss the proposed amendments as well as any issues raised in comments in response thereto.
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Federal Trade Commission 16 CFR Part 310 AGENCY: Federal Trade Commission (“Commission” or “FTC”). ACTION: Notice of Proposed Rulemaking; Announcement of Public Forum. SUMMARY: In this document, the FTC issues a Notice of Proposed Rulemaking (“NPRM” or “Notice”) to amend the FTC’s Telemarketing Sales Rule (“TSR” or “Rule”) to address the sale of debt relief services. The Commission seeks public comment on the proposed amendments, which would: define the term “debt relief service”; ensure that, regardless of the medium through which such services are initially advertised, telemarketing transactions involving debt relief services would be subject to the TSR; mandate certain disclosures and prohibit misrepresentations in the telemarketing of debt relief services; and prohibit any entity from requesting or receiving payment for debt relief services until such services have been fully performed and documented to the consumer. This NPRM invites written comments on all issues raised by the proposed amendments and seeks answers to the specific questions set forth in Section VIII of this Notice. This document also contains an invitation to participate in a public forum, to be held following the close of the comment period, which will afford Commission staff and interested parties an opportunity to discuss the proposed amendments as well as any issues raised in comments in response thereto. DATES:…
Citation: 74 FR 41988
