Anti-Pyramid Promotional Scheme Act of 2017
Official title: To amend the Federal Trade Commission Act to prohibit pyramid promotional schemes and to ensure that compensation is not based upon recruitment of participants… Show full official titleShow less
Official title: To amend the Federal Trade Commission Act to prohibit pyramid promotional schemes and to ensure that compensation is not based upon recruitment of participants into a plan or operation, but on sales to individuals who use and consume the products or services sold, and for other purposes.
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Referred to the Subcommittee on Digital Commerce and Consumer Protection.
Anti-Pyramid Scheme Act of 2017
This bill amends the Federal Trade Commission Act to make it unlawful for any person to establish, operate, or promote a pyramid promotional scheme. "Pyramid promotional scheme" means any plan or operation in which individuals pay consideration for the right to receive compensation that is based upon recruiting other individuals into the plan or operation rather than primarily related to the sale of products or services to ultimate users.
Furthermore, any person who establishes, operates, or promotes any plan or operation which sells or solicits the sale of consumer products or services in the home or otherwise outside of a permanent retail establishment, and which sells products or services to independent salespeople, shall have a bona fide inventory repurchase agreement.
A violation of the bill shall be treated under the Act as an unfair or deceptive act or practice in, or affecting, commerce.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3409: Anti-Pyramid Promotional Scheme Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3409/
"H.R. 3409: Anti-Pyramid Promotional Scheme Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3409/.
H.R. 3409, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3409/.
[H.R. 3409: Anti-Pyramid Promotional Scheme Act of 2017](https://openamerica.io/bill/115-HR-3409/)