Almost a year after it heard arguments in the case, the Second Circuit Court of Appeals has ruled that Wall Street analyst's buy and sell recommendations are legitimate news, and that financial and investment firms cannot prevent dissemination of these facts by a website, Theflyonethewall.com.
Jun 5, 2011
FTC Looks to Revise Online Advertising Guide
(cross posted at the Citizen Media Law Project)
Eighteen months after the Federal Trade Commission revised its "Guides Concerning the Use of Endorsements and Testimonials in Advertising," including revision of rules regarding product and service endorsements by bloggers and other social media contributors, the agency has announced that it is planning to revise its general guidelines for online advertising, which it released in 2000. Currently the Commission is soliciting comments regarding the revision.
Eighteen months after the Federal Trade Commission revised its "Guides Concerning the Use of Endorsements and Testimonials in Advertising," including revision of rules regarding product and service endorsements by bloggers and other social media contributors, the agency has announced that it is planning to revise its general guidelines for online advertising, which it released in 2000. Currently the Commission is soliciting comments regarding the revision.
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