Underwritten by a Grant from Platinum Guild International USA
JVC developed the Essential Guide to the U.S. Trade in Platinum Jewelry to explain the Federal Trade Commission’s 2010 amendments to the platinum section of the Guidelines for the Jewelry, Precious Metal and Pewter Industries.
This guide provides readers with a practical explanation of the revised FTC Jewelry Guides for those who manufacture, promote and sell platinum jewelry. This guide covers legal standards for platinum, answers to frequently asked questions and two platinum tolerance charts. The guide also explains how to stamp and describe both traditional platinum products and products containing a minimum 500 ppt platinum alloyed with base metal.
The guide was developed to provide the trade with a clear explanation of the risks associated with memo transactions. The guide includes the relevant law and basic information on creating and filing the necessary documentation to help to protect your goods traded on memo.
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Co-authored by Jewelers Vigilance Committee (JVC) and American Gem Trade Association (AGTA)
This essential guide explains all NRC rules and the industry’s compliance obligations, and will guide retailers to develop their own policies regarding trade in these gemstones.
Contents included in guide
The Guide was developed to provide the trade with a clear explanation of the risks associated with memo transactions. The Guide includes the relevant law and basic information on creating and filing the necessary documentation to help to protect your goods traded on memo.
The Dodd Frank Act is a significant law sure to have a wide ranging impact on the jewelryindustry. the legislation, passed in 2010, addresses “conflict minerals” identified as tin,tantalum, tungsten and gold. pursuant to dodd frank, companies that are listed with thesecurities and exchange commission (sec), and that use these minerals will have to providespecific information to the public concerning the minerals. companies that supply sec listedcompanies (either directly or indirectly) will be impacted and may have to institute newmeasures governing their supply chain.
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JVC is dedicated to keeping its members and the industry informed about the Kimberley Process.
Please refer to this web site for updates and commentary concerning further information on the Kimberley Process. Contact Cecilia Gardner at 212-997-2002 or contact JVC with questions. This guide is intended for anyone who trades in rough or polished diamonds only.
VC offered “training for rough diamond traders: U.S. statutory requirements” at the JA/NY show on 7/28/08.
Download US Census Bureau Presentation
This easy-to-understand brochure has been designed to educate you, the retailer, and your customers on the legal implications of advertising “wholesale” prices. JVC clearly defines the necessary legal requirements to be considered a true wholesaler. Proudly display JVC’s new “wholesale” advertising brochure on your store counter – place your order below!
In order to qualify, a wholesaler must sell for the purposes of resale only. This excludesadvertising wholesale prices directly to the consumer, the end-user. Several states now enforcestrict laws against false and misleading advertising, including selling products at allegedly “wholesale” prices to consumers.
Please contact Jo-Ann Sperano, JVC’s Paralegal/Mediator with questions about wholesaleadvertising laws in your state.
Your legal compliance can increase consumer confidence and help boost sales!
Guide Co-Published with the American Gem Trade Association (AGTA)
The Jewelers Vigilance Committee (JVC) has released a new publication, “the essential guideto the U.S trade in materials from plant and wildlife products. This guide concentrates on gemmaterials that have been classified by international, federal, and/or state laws as protected.Readers will learn what is required to import and export these goods.Compliance with these legal standards will protect vulnerable species and help you to avoidenforcement actions. Violations of these laws can result in seizures or significant penalties,including costly fines and possible jail time.
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