Boat Dealers Exempt from New FTC Auto Regulations |
The Federal Trade Commission (FTC) released the final version of its Auto Rule, renamed the Combating Auto Retail Scams (CARS) Rule, exempting marine retailers and other non-automotive dealers. The Marine Retailers Association of the Americas (MRAA) and its coalition partners requested that recreational boat dealers be exempted from the requirements of the rule. A recent release from MRAA shared details on the CARS Rule: The rule will only cover “self-propelled vehicles designed for transporting persons or property on a public street, highway or road.” The rule will not apply to:
The MRAA worked with the RV Dealers Association, the National Powersports Dealer Association, a number of state-based marine trade associations, the U.S. Small Business Administration’s Office of Advocacy and more, to voice its opposition to the FTC’s initial rule, ultimately making the case for an exemption. To read MRAA’s comment letter, click here. |