Commission requirements

(a) In general The Commission shall— (1) conduct regular audits of covered platforms to ensure compliance with the requirements of section 4; (2) make public the terms and processes for the audits conducted under paragraph (1), including the processes for any third party conducting an audit on behalf of the Commission; (3) establish a process for each covered platform to submit only such documents or other materials as are necessary for the Commission to ensure full compliance with the requirements of section 4 when conducting audits under this section; and (4) prescribe the appropriate documents, materials, or other measures required to demonstrate full compliance with the requirements of section 4. (b) Guidance (1) In general Not later than 180 days after the date of enactment of this Act, the Commission shall issue guidance to assist covered platforms in complying with the requirements of section 4. (2) Limitations on guidance (A) In general No guidance issued by the Commission with respect to this Act shall confer any rights on any person, State, or locality, nor shall operate to bind the Commission or any person to the approach recommended in such guidance. (B) Specificity in enforcement In any enforcement action brought pursuant to this Act, the Commission shall allege a specific violation of a provision of this Act. (C) Enforcement actions The Commission may not base an enforcement action on, or execute a consent order based on, practices that are alleged to be inconsistent with any such guidelines, unless the practices allegedly violate a provision of this Act.