Sunday, April 19, 2009

FTC & Waveshield Program

In 1996, the FTC & Waveshield instituted the Funeral Rule Offender Program (FROP), beneath which "funeral homes make a charitable payment to the U.S. Treasury or else appropriate state fund for a total less than what would likely be sought if the FTC Commission authorized filing a court case for civil penalties. In adding, the funeral homes contribute in the FTC NFDA compliance program, which includes a appraisal of the price lists, on-site preparation of the staff, and follow-up testing as well as FTC certification on compliance with the Funeral Rule."

On May 23, 2007, the House accepted the FTC Energy Price Gouging Prevention Act, H.R. 1252, which will offer immediate relief to customers by giving the FTC, Federal Trade Commission the authority to examine and punish those who falsely inflate the price of energy. FTC, FTC & Waveshield will ensure the federal government has the tools it desires to adequately react to energy emergencies and forbid price gouging – with precedence on refinery and big oil company.

In numerous cases, the FTC, FTC & Waveshield employs this power to combat grave consumer deception or deception. Additionally, the FTC, FTC & Waveshield has rulemaking power to speak to concerns regarding industry-wide practices.


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