FTC extends public comment period on platinum guidelines

The Federal Trade Commission has extended the public comment period on whether the Platinum Section of the FTC’s Guides for the Jewelry, Precious Metals, and Pewter Industries should be amended to define how to mark and disclose lower-karat platinum products. The comment period has been extended until Oct 12.

The original deadline for public comment was Sept. 28. The FTC, in its statement, did not give a reason for the extension.

The FTC is asking for guidance on two issues:

* How to mark or describe non-deceptively products containing between 500 and 850 parts per thousand pure platinum and no other platinum group metals.

* Whether the FTC Guides should be revised to provide guidance on how to mark or describe platinum-clad, platinum-filled, platinum-plated, or platinum-overlay products.