NEW FTC Proposal on Unethical Dealership Practices. Community comment opportunity available

[HersheyKisses]

Hi all.

This opportunity to voice your feedback on unscrupulous dealership practices lately ends in September.

To go straight to the proposal and comments section:

Regulations.gov

www.regulations.gov

I came across this information from YAA:

Car Dealers vs. Consumers: Make Your Voice Heard

The comment period for the Federal Trade Commission's proposed rules on unscrupulous car dealer tactics is now open. Make your voice heard!

joinyaa.com

Have a great day.

 

[HersheyKisses]

Apologies, this is the correct link:

Regulations.gov

www.regulations.gov

(Previous link takes you to a comment)

 

[3Rivers]

For those unfamiliar with this process: Federal agencies are required to craft regulations using a cumbersome process called notice-and-comment rulemaking. The agency first issues a draft of its rules, along with elaborate explanations and justifications. Then it accepts comments from the public. The comments can address the specific questions raised by the agency, or any other relevant topic that a person brings up. After a review period, the agency then issues the final regulations.

The interesting thing about this process is that the agency, through its staffers, really does read the comments submitted. Moreover, sometimes the agency explicitly replies to specific comments, or to general themes of comments, when it issues the final rule. And if many comments raise similar concerns, the agency will tend to attach more weight to them. Obviously, institutional inertia will favor the version of the regulations that the agency originally had in mind, but modifications based on comments from the public are not unheard of.