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Focus (Forum & Focus)

Jun. 9, 2007

Franchise Overhaul

Focus Column - Rochellen Spandorf examines new Federal Trade Commission regulations for franchises.

FOCUS COLUMN

By Rochelle Spandorf

      The regulation of franchise offers and sales in the United States is about to undergo the most extensive overhaul since the enactment of federal and state laws in the 1970s. After 12 years of rule-making activity, the Federal Trade Commission is modernizing its 1978 trade rule, which, akin to securities regulation, requires franchise sellers to make extensive disclosures about the franch...

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