21 Jan 2025

📜FTC Petition to Clarify Negative Option Plan Regulations

Petition for Rulemaking of Central Office of Reform and Efficiency (Negative Option Rule)

Summary

Please take notice that the Federal Trade Commission ("Commission") received a petition for rulemaking from the Central Office of Reform and Efficiency and has published that petition online at https://www.regulations.gov. This petition requests to clarify vague terms for precise enforcement of negative option plan regulations. The Commission invites written comments concerning the petition. Publication of this petition is pursuant to the Commission's Rules of Practice and Procedure and does not affect the legal status of the petition or its final disposition.

Agencies

  • Federal Trade Commission

Business Impact ?

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The petition seeks to clarify regulations related to negative option plans, impacting compliance and operational practices for businesses utilizing such plans. Business owners and executives must be aware of the February 20, 2025 comment deadline and the implications of potential regulatory changes on their offerings.

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