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An economist’s assessment of Noland and the criteria used to assess a pyramid scheme, by Jovanovic and Bozzone

    Kevin Thompson is an MLM attorney, proud husband, father of four and a founding member of Thompson Burton PLLC. Named as one of the top 25 most influential people in direct sales, Kevin Thompson has extensive experience to help entrepreneurs launch their businesses on secure legal footing. Recently featured on Bloomberg TV and several national publications, Thompson is a thought-leader in the industry.

    This is an excellent article prepared by Branko Jovanovic and Lia Bozzone, two economists at The Brattle Group. I’m sharing it in full, with permission. ————– While the direct selling world was awaiting U.S. District Judge Barbara Lynn’s decision in Federal Trade Commission v. Neora LLC, in which the FTC alleged that Neora operated an […]

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    The SEC’s Mission: The Art of Speaking Much Yet Saying Little

      Clay Brewer is an associate attorney at Thompson Burton PLLC. His practice area focuses primarily on serving young, direct selling companies. He assists Kevin Thompson in providing exceptional legal support for companies ranging from early-stage startups to well-established entities.

      Today’s action, yet again, makes plain that the crypto markets suffer from a lack of regulatory compliance, not a lack of regulatory clarity. – Gary Gensler, SEC Chairman on April 17, 2023, following yet again another SEC complaint against a crypto exchange in SEC v. Bittrex This statement would be great, if true. I try […]

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      Back to the Basics

        Clay Brewer is an associate attorney at Thompson Burton PLLC. His practice area focuses primarily on serving young, direct selling companies. He assists Kevin Thompson in providing exceptional legal support for companies ranging from early-stage startups to well-established entities.

        Whenever I sit down to write an article, I find myself trying to come up with some obscure, groundbreaking topic to discuss. Sadly, I do not have these monumental epiphanies as frequently as I would like. But the truth of the matter is that why should we discuss such grand topics, when the industry of […]

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        Crypto and Network Marketing: A legal impossibility

          Kevin Thompson is an MLM attorney, proud husband, father of four and a founding member of Thompson Burton PLLC. Named as one of the top 25 most influential people in direct sales, Kevin Thompson has extensive experience to help entrepreneurs launch their businesses on secure legal footing. Recently featured on Bloomberg TV and several national publications, Thompson is a thought-leader in the industry.

          It’s time to state the obvious: Crypto + MLM = Legally Impossible. I’m not suggesting that “crypto” is bad. On the contrary, I think crypto provides exciting opportunities for all sorts of yet-to-be-discovered innovations. There are plenty of reasons for people to be distrustful and concerned with traditional finance. Crypto provides people with an interesting […]

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          Is the DOJ Showing Its Hand?

            Clay Brewer is an associate attorney at Thompson Burton PLLC. His practice area focuses primarily on serving young, direct selling companies. He assists Kevin Thompson in providing exceptional legal support for companies ranging from early-stage startups to well-established entities.

            The FTC is at it again in its enforcement against direct sales, but this time the Department of Justice (DOJ) stepped in on behalf of the United States to receive a “permanent injunction, civil penalties, and other relief” against 3 doTerra International distributors who publicly marketed the idea that certain doTerra essential oil products would […]

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            The Regulatory Hurdle That Is Politics

              Clay Brewer is an associate attorney at Thompson Burton PLLC. His practice area focuses primarily on serving young, direct selling companies. He assists Kevin Thompson in providing exceptional legal support for companies ranging from early-stage startups to well-established entities.

              In the legal world, there’s always an angle. It’s our job as attorneys to assist clients in exploring this angle to bridge the gap between the regulatory hurdles–that seem to continue to change–and the long-term business vision that entrepreneurs have for their ventures. EVERYTHING these days is political, especially when it comes to the niche […]