FTC Franchise Rule's Exemption Threshold Raised For Inflation

Law360, New York (June 14, 2012, 4:52 PM EDT) -- The Federal Trade Commission has amended its franchise rule — the regulation governing the purchase and sale of franchises in the U.S. — to raise three exemption thresholds for inflation, the FTC said Thursday.

The FTC unanimously approved the inflation adjustments, which were required under a 2007 series of amendments to the franchise rule.

The franchise rule, which was first adopted in 1978, requires franchisors to provide all potential franchisees with a disclosure document containing 23 specific items of information about the offered franchise, its officers...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.