Antitrust Law Daily Wrap Up, CONSUMER PROTECTION NEWS: FTC Publishes Modified Schedule for Reviewing Rules, Guides, (May 20, 2013)

The FTC announced on Friday a modified 10-year regulatory review schedule as part of its systematic review of its current rules and guides.

The FTC reviews its rules and guides on a 10-year schedule to update them and ensure they remain relevant. The FTC publishes a revised schedule each year to respond to public input, changes in the marketplace, and resource demands. The agency intends to begin review of the following rules, and to request public comment on them, during 2013:

• Telemarketing Sales Rule, 16 CFR Part 310;

• Regulations under Section 4 of the Fair Packaging and Labeling Act, 16 CFR Part 500;

• Exemptions from Requirements and Prohibitions under Part 500, 16 CFR Part 501;

• Regulations under Section 5(c) of the Fair Packaging and Labeling Act, 16 CFR Part 502; and

• Statements of General Policy or Interpretation [under the Fair Packaging and Labeling Act], 16 CFR Part 503.

The agency will postpone review of the Preservation of Consumers’ Claims and Defenses [Holder in Due Course Rule], 16 CFR Part 433, previously scheduled for 2013, until 2014. The FTC is currently reviewing 22 of the 65 rules and guides within its jurisdiction.

News: ConsumerProtection FederalTradeCommissionNews