Industry Leaders Weigh In

Cecilia L. Gardner, Esq. President and CEO, Jewelers Vigilance Committee Government and public scrutiny of the jewelry industry and its practices has never been more intense. There is no reason to believe this will diminish in the next three years, and every reason to believe it will intensify. Under the microscope are practices at the source of our products, our advertising practices, our compliance with legal obligations, and much more. Our industry is subject to numerous government regulatory requirements, including new anti-money-laundering program requirements for dealers in precious metals, stones, and jewels. The public is increasingly aware of consumer confidence issues such as conflict diamonds, synthetics, treatment disclosure, and advertising practices. These twin challenges—government regulations and consumer confidence issues—will act to change the indust
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