A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States. It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007. Franchisors were given until July 1, 2008 to comply with the changes.[1]
The Federal Trade Commission Rule of 1979 which governs disclosure of essential information in the sale of franchises to the public underlies the state FDD's and prohibits any private right of action for the violation of the mandated disclosure provisions of the FDDs. Therefore, the FDD implies that only the federal government or the state governments have the right to sue and negotiate consent decrees and rescissions with those franchisors who violate the provisions of the FTC Franchise Rule. However, various state franchise laws that provide for use of an FDD, in lieu of their own disclosure requirements, may create private rights of action, where a franchisor has violated its disclosure obligations in its FDD.

https://en.wikipedia.org/wiki/Franchise_disclosure_document