FTC proposes changes to used car rules

(December 17, 2012) -- Consistent with guidelines in place since 1992 calling for regular, systematic review of all rules and guides on a rotating basis, the FTC recently has proposed modification to the “Used Car Rule,” formerly known by the more cumbersome title, “Used Motor Vehicle Trade Regulation Rule.” The updates are informed by the answers received to routine questions probing economic impact, continuing need, possible conflicts at different jurisdiction levels, and advances in technology....

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