15 U.S.C. § 6307e — Required disclosures for promoters

Page 2236 TITLE 15—COMMERCE AND TRADE § 6307d indirectly in connection with a boxing match unless, not later than January 31 of each year, it submits to the Federal Trade Commission and to the ABC— (A) a complete description of the organiza- tion’s ratings criteria, policies, and general sanctioning fee schedule; (B) the bylaws of the organization; (C) the appeals procedure of the organiza- tion for a boxer’s rating; and (D) a list and business address of the orga- nization’s officials who vote on the ratings of boxers. (2) Format; updates A sanctioning organization shall— (A) provide the information required under paragraph (1) in writing, and, for any docu- ment greater than 2 pages in length, also in electronic form; and (B) promptly notify the Federal Trade Commission of any material change in the information submitted. (3) Federal Trade Commission to make infor- mation available to public The Federal Trade Commission shall make information received under this subsection available to the public. The Commission may assess sanctioning organizations a fee to offset the costs it incurs in processing the informa- tion and making it available to the public. (4) Internet alternative In lieu of submitting the information re- quired by paragraph (1) to the Federal Trade Commission, a sanctioning organization may provide the information to the public by main- taining a website on the Internet that— (A) is readily accessible by the general public using generally available search en- gines and does not require a password or payment of a fee for full access to all the in- formation; (B) contains all the information required to be submitted to the Federal Trade Com- mission by paragraph (1) in an easy to search and use format; and (C) is updated whenever there is a material change in the information. (Pub. L. 104–272, § 11, as added Pub. L. 106–210, § 4(2), May 26, 2000, 114 Stat. 323.) Editorial Notes PRIOR PROVISIONS A prior section 11 of Pub. L. 104–272 was renumbered section 19 and is classified to section 6310 of this title. § 6307d. Required disclosures to State boxing commissions by sanctioning organizations A sanctioning organization shall not be enti- tled to receive any compensation directly or in- directly in connection with a boxing match until it provides to the boxing commission re- sponsible for regulating the match in a State a statement of— (1) all charges, fees, and costs the organiza- tion will assess any boxer participating in that match; (2) all payments, benefits, complimentary benefits, and fees the organization will receive for its affiliation with the event, from the pro- moter, host of the event, and all other sources; and (3) such additional information as the com- mission may require. (Pub. L. 104–272, § 12, as added Pub. L. 106–210, § 4(2), May 26, 2000, 114 Stat. 324.) Editorial Notes PRIOR PROVISIONS A prior section 12 of Pub. L. 104–272 was renumbered section 20 and is classified to section 6311 of this title. § 6307e. Required disclosures for promoters (a) Disclosures to the boxing commissions A promoter shall not be entitled to receive any compensation directly or indirectly in con- nection with a boxing match until it provides to the boxing commission responsible for regu- lating the match in a State a statement of— (1) a copy of any agreement in writing to which the promoter is a party with any boxer participating in the match; (2) a statement made under penalty of per- jury that there are no other agreements, writ- ten or oral, between the promoter and the boxer with respect to that match; and (3)(A) all fees, charges, and expenses that will be assessed by or through the promoter on the boxer pertaining to the event, including any portion of the boxer’s purse that the pro- moter will receive, and training expenses; (B) all payments, gifts, or benefits the pro- moter is providing to any sanctioning organi- zation affiliated with the event; and (C) any reduction in a boxer’s purse contrary to a previous agreement between the promoter and the boxer or a purse bid held for the event. (b) Disclosures to the boxer A promoter shall not be entitled to receive any compensation directly or indirectly in con- nection with a boxing match until it provides to the boxer it promotes— (1) the amounts of any compensation or con- sideration that a promoter has contracted to receive from such match; (2) all fees, charges, and expenses that will be assessed by or through the promoter on the boxer pertaining to the event, including any portion of the boxer’s purse that the promoter will receive, and training expenses; and (3) any reduction in a boxer’s purse contrary to a previous agreement between the promoter and the boxer or a purse bid held for the event. (c) Information to be available to State Attorney General A promoter shall make information required to be disclosed under this section available to the chief law enforcement officer of the State in which the match is to be held upon request of such officer. (Pub. L. 104–272, § 13, as added Pub. L. 106–210, § 4(2), May 26, 2000, 114 Stat. 324.) Editorial Notes PRIOR PROVISIONS A prior section 13 of Pub. L. 104–272 was renumbered section 21 and is classified to section 6312 of this title. Page 2237 TITLE 15—COMMERCE AND TRADE § 6308 1 So in original. Probably should be ‘‘nor’’. § 6307f. Required disclosures for judges and ref- erees A judge or referee shall not be entitled to re- ceive any compensation, directly or indirectly, in connection with a boxing match until it pro- vides to the boxing commission responsible for regulating the match in a State a statement of all consideration, including reimbursement for expenses, that will be received from any source for participation in the match. (Pub. L. 104–272, § 14, as added Pub. L. 106–210, § 4(2), May 26, 2000, 114 Stat. 325.) Editorial Notes PRIOR PROVISIONS A prior section 14 of Pub. L. 104–272 was renumbered section 22 and is classified to section 6313 of this title. § 6307g. Confidentiality (a) In general Neither a boxing commission or 1 an Attorney General may disclose to the public any matter furnished by a promoter under section 6307e of this title except to the extent required in a legal, administrative, or judicial proceeding. (b) Effect of contrary State law If a State law governing a boxing commission requires that information that would be fur- nished by a promoter under section 6307e of this title shall be made public, then a promoter is not required to file such information with such State if the promoter files such information with the ABC. (Pub. L. 104–272, § 15, as added Pub. L. 106–210, § 4(2), May 26, 2000, 114 Stat. 325.) Editorial Notes PRIOR PROVISIONS A prior section 15 of Pub. L. 104–272 was renumbered section 23 and is set out as a note under section 6301 of this title. § 6307h. Judges and referees No person may arrange, promote, organize, produce, or fight in a professional boxing match unless all referees and judges participating in the match have been certified and approved by the boxing commission responsible for regu- lating the match in the State where the match is held. (Pub. L. 104–272, § 16, as added Pub. L. 106–210, § 4(2), May 26, 2000, 114 Stat. 325.) § 6308. Conflicts of interest (a) Regulatory personnel No member or employee of a boxing commis- sion, no person who administers or enforces State boxing laws, and no member of the Asso- ciation of Boxing Commissions may belong to, contract with, or receive any compensation from, any person who sanctions, arranges, or promotes professional boxing matches or who otherwise has a financial interest in an active boxer currently registered with a boxer registry. For purposes of this section, the term ‘‘com- pensation’’ does not include funds held in escrow for payment to another person in connection with a professional boxing match. The prohibi- tion set forth in this section shall not apply to any contract entered into, or any reasonable compensation received, by a boxing commission to supervise a professional boxing match in an- other State as described in section 6303 of this title. (b) Firewall between promoters and managers (1) In general It is unlawful for— (A) a promoter to have a direct or indirect financial interest in the management of a boxer; or (B) a manager— (i) to have a direct or indirect financial interest in the promotion of a boxer; or (ii) to be employed by or receive com- pensation or other benefits from a pro- moter, except for amounts received as con- sideration under the manager’s contract with the boxer. (2) Exceptions Paragraph (1)— (A) does not prohibit a boxer from acting as his own promoter or manager; and (B) only applies to boxers participating in a boxing match of 10 rounds or more. (c) Sanctioning organizations (1) Prohibition on receipts Except as provided in paragraph (2), no offi- cer or employee of a sanctioning organization may receive any compensation, gift, or ben- efit, directly or indirectly, from a promoter, boxer, or manager. (2) Exceptions Paragraph (1) does not apply to— (A) the receipt of payment by a promoter, boxer, or manager of a sanctioning organiza- tion’s published fee for sanctioning a profes- sional boxing match or reasonable expenses in connection therewith if the payment is reported to the responsible boxing commis- sion; or (B) the receipt of a gift or benefit of de minimis value. (Pub. L. 104–272, § 17, formerly § 9, Oct. 9, 1996, 110 Stat. 3311; renumbered § 17 and amended Pub. L. 106–210, §§ 4(1), 5, May 26, 2000, 114 Stat. 322, 325.) Editorial Notes AMENDMENTS 2000—Pub. L. 106–210, § 5, designated existing provi- sions as subsec. (a), inserted subsec. heading, and added subsecs. (b) and (c). Statutory Notes and Related Subsidiaries EFFECTIVE DATE Section effective July 1, 1997, and not applicable to an otherwise authorized boxing commission in the Com- monwealth of Virginia until July 1, 1998, see section 23(1), (2) of Pub. L. 104–272, set out as a note under sec- tion 6301 of this title.