Nothing is ‘too small’ for the feds to regulate
(Dec. 16, 2013) --If there is a familiar refrain when federal compliance issues are being discussed, it usually goes something like this, "We’re too small for the regulators to pay any attention to us.” Sometimes business owners will also say, like a very well-known Ohio retailer said in a private meeting,
“I’m doing the right thing and I have all the local judges in my pocket, so I don’t have to worry about all this compliance stuff." If there ever was a story to give anyone operating illegally a reason to reconsider, it was in The Wall Street Journal Oct. 29. According to the story written by Kimberley A. Strassel. The FTC has decided to make the world safe from greedy piano teachers.