Federal anticounterfeiting regs to be developed by January 1997 under new law.
FEDERAL ANTICOUNTERFEIT REGS TO BE DEVELOPED BY JANUARY 1997 by the Treasury Department following the signing into law of the "Anticounterfeiting Protection Act of 1996" by President Clinton July 2. The measure directs the Treasury secretary to "prescribe such regulations or amendments to existing regulations" no later than six months after the date of enactment. The law makes selling counterfeit goods a crime prosecutable under the Racketeer Influenced & Corrupt Organizations Act.
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