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BloodHorse.com Articles for "Dual Agency"

Hearing: Divide on Florida Sales Rules

Hearing: Divide on Florida Sales Rules

It is clear following an April 7 public forum in Florida that published rules concerning horse sales in the state did little to quiet those on opposite sides of the arguments over disclosure and transparency.

 Wednesday, April 09, 2008

Florida Sets Limit on Auction Rules

The Florida Department of Agriculture and Consumer Services claims it doesn't have the power to regulate certain aspects of horse sales in the state, but is prepared to publish proposed rules it says are intended to prevent unfair or deceptive trade practices.

 Thursday, January 24, 2008
Public Forum on Florida Auction Law Viewed as Productive

Public Forum on Florida Auction Law Viewed as Productive

About 50 members of the horse industry met in a public forum setting Oct. 29 to discuss the potential impact of a new Florida law that authorizes regulation in public and private sales.

 Monday, November 05, 2007
Sales Transparency at Heart of New Florida Law

Sales Transparency at Heart of New Florida Law

A bill that empowers Florida's state government to set rules regarding transparency issues in the sale of horses was recently signed into law by Gov. Charlie Crist.

 Friday, July 06, 2007

Revived Task Force Holds Organizational Meeting

Meeting for the first time since its announced resurrection almost three months ago, the revived Sales Integrity Task Force left its May 7 gathering at Keeneland with proclaimed vows of providing quick and satisfying results.

 Monday, May 07, 2007

Officials Meet on Proposed Kentucky Legislation

Negotiations over proposed Kentucky legislation that would require disclosure of ownership and veterinary records of horses sold at public auction were held Feb. 13 at Keeneland in Lexington, with some tentative settlement plans discussed that would table the bill for at least a year.

 Wednesday, February 14, 2007

Kentucky Bill Would Require Ownership, Medical Disclosure at Sales

Horse sale legislation filed Thursday and supported by California winemaker and horseman Jess Jackson would require disclosure of ownership and medical records of horses sold at public auction in Kentucky.

 Thursday, February 08, 2007

CBA Adopts Code of Conduct for Sales

The Consignors and Commercial Breeders Association has developed and adopted a new code of conduct that calls for an end to undisclosed dual agency and commissions.

 Tuesday, January 23, 2007

Survey Says: Require Agents to Disclose Commissions

A recent survey of Thoroughbred horse owners, breeders, managers, trainers, and bloodstock agents shows overwhelming agreement that bloodstock agents should be required to disclose the commission rates they receive to both the buyer and seller.

 Wednesday, January 10, 2007

Jackson Tells Forum He Is Still Pushing for Reform

Jess Jackson reaffirmed his passionate commitment to help clean up unscrupulous tactics in the sales and auction industry Nov. 3 as part of an all-star cast discussing issues in the "Thoroughbred Industry Forum 2006" at Churchill Downs.

 Friday, November 03, 2006

Jackson to Push for Licensing of Bloodstock Agents

Jess Jackson, the California winemaker who has been pushing for ethics reform in public and private horse sales since filing suit against three former advisers last September, should have felt right at home Wednesday while addressing a roomful of attorneys attending the University of Kentucky Equine Law Seminar in Lexington.

 Thursday, May 04, 2006

Never Have and Never Will

Dual agency without disclosure is fraud and it is against the law! We would like to make it clear that the signers of this document do not tolerate this, and that we never have and never will participate in these activities.

 Tuesday, April 04, 2006

Dual Agency Bill Signed by Kentucky Governor

Legislation designed to protect horse buyers and to prevent dual agency in the sale of horses in Kentucky was singed into law March 28 by Kentucky Gov. Ernie Fletcher.

 Tuesday, March 28, 2006

Kentucky Senate Passes Dual-Agency Legislation

Legislation that would protect buyers and sellers in equine transactions unanimously passed the Kentucky Senate March 15 and now heads to the House of Representatives for concurrence. The House previously approved a different version of the bill.

 Wednesday, March 15, 2006

Dual Agency Bill Heads to Kentucky Senate Floor

Legislation that would protect buyers and sellers in equine transactions is on its way to the floor of the Kentucky Senate, though one lawmaker plans to offer two amendments. Meanwhile, horse industry representatives planned another meeting to hammer out a compromise on some language in the bill.

 Tuesday, February 28, 2006

Jackson Testifies as Kentucky Dual Agency Bill Passes Committee

A horse industry ethics bill making it unlawful to receive commissions from buyer and seller without full disclosure sailed through a Kentucky House of Representatives committee by unanimous vote Wednesday afternoon.

 Wednesday, February 08, 2006

KEEP Supports Legislation on Dual Agency

The Kentucky Equine Education Project has given its support for legislation that would make it unlawful for anyone to represent both buyer and seller in a transaction involving horses without written permission of both parties.

 Tuesday, January 31, 2006

Panel: Ethics Code for Horse Sales Needs Teeth

A code of ethics for the bloodstock industry must be firm and enforceable, officials said during a Dec. 9 panel discussion at the University of Arizona Symposium on Racing in Tucson. Otherwise, problems recognized by the industry will go uncorrected, they said.

 Thursday, December 09, 2004

AIR Launches Web Site, Plans Task Force Talks

The Alliance for Industry Reform, which is targeting issues tied to Thoroughbred sales, has launched its Web site and is in the early stages of forming an industry task force that will plot a course of action.

 Friday, July 16, 2004