Final model directly advances IFA’s Responsible Franchising Principles, reflects longstanding commitment to transparency in the franchise sales process, builds on IFA’s successful advocacy for passage of California Senate Bill 919

WASHINGTON D.C. – Today, the International Franchise Association (IFA) praised the North American Securities Administrators Association (NASAA) adoption of the Model Franchise Broker Registration Act establishing a national framework for franchise broker registration, pre-sale disclosure, and recordkeeping.

“The Model Franchise Broker Registration Act will help protect prospective franchisees, strengthen the integrity of the franchise sales process, and advance IFA’s Responsible Franchising Principles – it’s a huge step forward in shaping fair and effective franchise regulatory policy,” said Sarah Davies, IFA General Counsel. “Greater transparency about who franchise sellers represent is an essential foundation to a strong franchise relationship. We are especially encouraged by the provisions authorizing state regulators to establish examination and continuing education requirements for franchise brokers. We look forward to continuing to work with NASAA, the Federal Trade Commission and state regulators to promote sustainable franchise growth, protect prospective franchisees, and preserve the franchise model as a proven pathway to business ownership and economic opportunity for years to come.”

In August 2025, IFA submitted comments to NASAA on the Model Act proposing clarifying amendments to accurately reflect the landscape of third-party franchise sellers and the practical circumstances related to franchisors’ use of those third-party franchise sellers.

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About the International Franchise Association:

Celebrating over 60 years of excellence, education, and advocacy, the International Franchise Association (IFA) is the world’s oldest and largest organization representing franchising worldwide. IFA works through its government relations and public policy, media relations, and educational programs to protect, enhance and promote franchising and the more than 832,000 franchise establishments that support nearly 8.8 million direct jobs, $907.3 billion of economic output for the U.S. economy, and almost 3 percent of the Gross Domestic Product (GDP). IFA members include franchise companies in over 300 different business format categories, individual franchisees, and companies that support the industry in marketing, law, technology, and business development.