How to avoid financial advisory fees
The Federal Trade Commission (FTC) has a new rule that will require travel advisory services to be certified by an independent agency to avoid fees, the Wall Street Journal reported.
The commission issued the new rule last month to ensure travel advisory firms can comply with the law.
FTC Chairwoman Edith Ramirez is expected to announce the new rules during a speech Thursday.
Travel advisory firms are required to obtain a “certificate of independence” from the National Travel Advisory Council, the Financial Advisory Council and the Travel Advisory Board.
In an email to members, the commission said it will provide more details about the new certification process next week.