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Peggy Mills
  • Pro 4
  • 614-937-8309
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What will the bill that helps direct sellers while fighting pyramid schemes do?

Of course.  First of all, a bill starts either in the House of Representatives or in the Senate.  Bills that start in the House are designated “H.R.” plus a number.  “H.R.” then stands for House of Representatives.  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 21 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.

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