Practice Quiz

NBE Funeral Service Director

Category - Arts - Regulatory Compliance

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Which agency enforces the rules governing what may be sold to a customer before or when death occurs?
  1. Federal Trade Commission
  2. Securities Exchange Commission
  3. Federal Depository Insurance Corporation
  4. Cremation Association of North America
Explanation
Answer: A - The Federal Trade Commission enforces the Funeral Rule, which protects the interest of a consumer when selecting funeral services.

The Funeral Rule is enforced by the Federal Trade Commission (FTC). The purpose of the rule is to protect the interests of customers dealing with funeral service providers and related businesses. The SEC is the Securities Exchange Commission that regulates investment banking; FDIC is the Federal Depository Insurance Corporation responsible for regulating banking activities and CANA is the Cremation Association of North America.
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