Chair's column

Article Abstract:

The self-regulatory model practices recommended by the International Franchise Assn and the American Assn of Franchisees and Dealers are well-intentioned attempts at ensuring industry fairness, but such groups should note the failure of NASD's self-regulatory scheme for securities. Advocacy groups may be incapable of devising proper regulatory systems for their industries. Each advocacy groups represent a different constituency, which undermines each proposal's ability to ensure true fairness in franchise regulation.

Other Justice, Public Order, and Safety Activities, Franchise Law, Editorial, United States, Commercial law

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Chair's column

Article Abstract:

The chair of the American Bar Association Forum Committee on Franchising changes hands at a time when franchising law is undergoing rapid change. Iowa has passed new laws, federal law for franchising has been proposed and the Federal Trade Commission has become more active in enforcement. The ABA has changed the rules governing the Forum, to allow it greater independence and increase its utility to its members.

Appointments, resignations and dismissals, A.B.A. Forum Committee on Franchising

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Comments on Federal Franchise Disclosure and Relationship Bills

Article Abstract:

The two bills proposed in the House to create federal rules for franchises suffer from three flaws. They do not provide any framework for integration with existing federal and state laws, do not recognize the economic burdens that will be incurred by franchisors in complying with the new rules, and are not based on any evidence of systemic abuse by franchisors that would justify the new laws.

Similar abstracts:

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