Categories: Headlines

Jewelers of America Goes to Washington, Supports Sellers of Natural Diamonds

Jewelers of America has ramped up advocacy efforts in Washington, D.C., holding meetings with Congressional leaders to support the jewelry industry’s recommendations to the Federal Trade Commission on its proposed changes to the Guides for the Jewelry, Precious Metals, and Pewter Industries, the trade association said in a release.

The association is also planning a two-day fly-in to D.C. this June – its sixth annual advocacy trip to Capitol Hill with a delegation of jewelers.

In mid-April, JA President and CEO David J. Bonaparte convened with representatives on House and Senate Committees that oversee the FTC. Bonaparte met with Rep. John Shimkus, a senior member of the House Energy and Commerce Committee; and key staff from the office of Sen. Jerry Moran, chairman of the Senate Commerce Committee’s Consumer Protection and Product Safety Subcommittee.

Bonaparte’s meetings focused on the FTC’s proposal to allow synthetic diamond producers to use the term “cultured” to describe synthetic diamonds, as long as qualifying language (for example “laboratory-created,” “laboratory-grown,” “synthetic”) immediately accompanies the term. JA’s position is that use of the term “cultured” is confusing, since consumers believe the word “cultured” means or implies “natural.”

“Use of the word ‘cultured’ in conjunction with a manufactured diamond is deceptive,” Bonaparte says. “It implies that synthetic diamonds are created in a natural environment, similar to cultured pearls.”

JA’s position and the meetings reinforce the stance taken by an industry coalition – led by the Jewelers Vigilance Committee – that is gathering research and sharing industry input with the FTC. JA is actively involved in the coalition.

You can check out the legislative and regulatory issues Jewelers of America is tracking at www.jewelers.org.

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

Recent Posts

The Art of Illusion

TREND REPORT FROM FRANCE Francéclat brings the savoir-faire of French jewelers to the world stage,…

1 day ago

June Means Dads, Outdoor Events and Time to Pay Homage to the Selfie

To welcome the warmer weather, join in the fun on National Sauntering Day.

2 days ago

Engaging Conversations With Customers Are Sure to Help Boost Bottom Line Sales

Master jewelry sales with expert tips and make every interaction memorable and joyful.

2 days ago

Kyle Edward Fine Jewelry Closes Salisbury Location

Find liquidation prices storewide during the closing sale.

2 days ago

$4M Burglary Ring: 4 Charged With Stealing Jewelry, Heirlooms Across 25 Towns in Massachusetts

The suspects allegedly targeted homes of people of Indian or South Asian heritage, "relying on…

2 days ago

Affordable Gems: The Affordable Color Solution

Affordable Gems’ Presidents Vishnu and Vishal Batwara can help you sell more color!

2 days ago

This website uses cookies.