Attention all bloggers...if you're posting endorsements, you need to be aware of new Federal Trade Commission regulations that require disclosure of payments from the subjects that you're reviewing. Non-disclosure may result in penalties up to $11,000 per violation according to the FTC.
"The revised guides specify that while decisions will be reached on a case-by-case basis, the post of a blogger who receives cash or in-kind payment to review a product is considered an endorsement," the FTC said in a release. "Thus, bloggers who make an endorsement must disclose the material connections they share with the seller of the product or service."
Here's an article recently published by the Washington Post - http://www.washingtonpost.com/wp-dyn/content/article/2009/10/05/AR2009100503620.html
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