Franchise Disclosure Requirements

Industry: 
Franchises
Rulemaking Status: 
Adopted

The Securities Division is considering amending WAC 460-80-140 to correct a reference to the Federal Trade Commission’s franchise disclosure rule concerning financial statement disclosure requirements.

WAC 460-80-140 contains an incorrect citation to the financial statement requirements contained in the Federal Trade Commission’s franchise rule. The considered amendment would change the citation from 16 C.F.R. § 465.5(u) to 16 C.F.R. § 436.5. The correction under consideration would better coordinate the Securities Division’s rules with other federal and state agencies.

Rulemaking Documents

Comments

If you have any questions or comments, please contact Michelle Webster at (360) 902-9736 or by email at michelle.webster@dfi.wa.gov.