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From reading all this over there's some serious areas for this to get way out of control and pretty much change the way a lot of us have been doing business:
A) Posting the addy of your business. Most of us work out of the home, we're hosed and have to put our home addy on the web. Just waiting for some Christian wacko that masturbated and felt it was a sin to come to your house and blow your brains out for posting the pics.
B) Sponsor content - sponsors if they wanted to comply with these regulations would have to divulge all kinds of information to their affiliates...not sure how many models are going to like that idea.
C) The inspection process is kinda big brother and kinda scary as you give up some of your rights regarding search and seizure: Sec. 75.5 Inspection of records...specificially "a law enforcement officer may seize any evidence of the commission of any felony while conducting an inspection." So while they're checking your records they can look for other things? MP3 you downloaded are a felony, hmm, bittorrent files, hmm, so if you give your home addy they can inspect you down to minutia beyond the mere records? From reading that it appears like its a yes.
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