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Wednesday, July 23, 2008

FTC Update

The Federal Trade Commission (FTC) has rejected a petition from the Jewelers Vigilance Committee (JVC) and nine other trade associations requesting that the commission use its industry guides on the use of the term 'cultured' to describe laboratory-created gemstones. The groups that had signed on to the petition included the JVC, American Gem Society, American Gem Trade Association, CIBJO (World Jewellery Confederation), Cultured Pearl Association, Diamond Council of America, Diamond Manufacturers and Importers Association of America, Jewelers of America, Manufacturing Jewelers and Suppliers of America and World Federation of Diamond Bourses.

Useful links:
www.ftc.gov
www.jvclegal.org
www.americangemsociety.org
www.agta.org
www.cibjo.org
www.cpaa.org
www.diamondcouncil.org
www.dmia.net
www.jewelers.org
www.mjsa.org
www.worldfed.com

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