Tips for Ensuring Your Company Is Prepared for FTC CID Requests
January 27, 2023 ⚊ 1 Min read ⚊ Views 86 ⚊ FINANCE
As a business owner, it is important to be aware of the Federal Trade Commission’s (FTC) power to investigate potential violations of its laws and regulations. When conducting an investigation, the FTC may issue a Civil Investigative Demand (CID), which requires companies to provide specific information related to their activities. Failure to respond properly can lead to costly fines and penalties. To ensure your company is prepared for CID requests, here are some tips on what type of information must be provided, how it should be submitted, and other considerations when responding.
Tags: FTC CID Response
