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FTC Extends Deadline for Jewelry Guides Changes

Mar 3, 2016 4:51 AM   By Mordy Rapaport
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RAPAPORT... The Federal Trade Commission (FTC) has extended the deadline to file comments about changes to its Jewelry Guides to June 3, the Jewelers Vigilance Committee (JVC) reported. JVC had requested the extension from the original April 4 cutoff.

The FTC’s Jewelry Guides outlines how businesses should avoid making deceptive claims about precious metal, pewter, diamond, gemstone, and pearl products, including what types of disclosures are needed, the commission explained.

The latest proposals include 75 questions to which the FTC has requested answers and which could inform the FTC’s decision on changes to the guides. JVC noted that numerous trade associations and hundreds of industry members have filed comments and suggested changes since the review began in 2012.
Tags: diamonds, ftc, Jewelry, jewelry guides, JVC, Mordy Rapaport , Rapaport News
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