In addition, the settlement would prohibit Basile from acting as president or sole director of any business entity engaged in telemarketing, and from acting as the sole bank account signatory for any such entity, unless he takes reasonable steps to closely monitor its operations. Finally, the settlement includes various reporting requirements necessary to assist the FTC in monitoring Besile's compliance. The Commission vote to authorize the staff to file the stipulated final order was 5-0. The order was filed in the U.S. District Court for the District of Nevada, in Las Vegas, on June 26, 1996. This final order is for settlement purposes only and does not constitute an admission by the defendants of a law violation.
Final orders have the force of law when signed by the judge.