Bipartisan Consumer Protection Legislation Combats Pyramid Schemes
H.R. 3409, the Anti-Pyramid Promotional Scheme Act of 2017, bipartisan consumer protection legislation introduced by Reps. Marsha Blackburn (R-TN) and Marc Veasey (D-TX), will help consumers avoid illegal scams, and provide definitive guidance to direct selling companies in the industry on acceptable, ethical business practices. H.R. 3409 would define a pyramid scheme for the first time in federal statute, using the same definition as codified by 23 state legislatures and in numerous court decisions. It would also require all direct selling companies to adopt the same gold standard buy back policy as required under DSA’s Code of Ethics.
H.R. 3409: The Facts
Your help is needed in support of this vital consumer-protection legislation. Visit DSA’s Direct Selling Advocacy Center to learn more.
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