FTC PROPOSES LEANER WATCH GUIDES The Federal Trade Commission has proposed a series of changes to its Guides for the Watch Industry. The FTC asks industry members to comment on the proposals by Sept. 2 and, for the first time, also asks about the need for the guides at all. The proposed changes include amendments addressing representations about shock, water and magnetic resistance; the minimum requirements for thickness and fineness of goldplating (to update electroplating); markings of watch metal content; the definition of quartz movements; and disclosure regarding used parts. Among the notable – and potentially controversial – changes, the FTC proposes deleting its requirements regarding foreign country-of-origin markings, preferring to cede these requirements to the U.S. Customs Service. Also proposed is deleting a section advising against counterfeiting. The FTC notes all

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