The FTC’s report (pdf), Internet of Things: Privacy & Security in a Connected World, summarizes the workshop it held on November 19, 2013 and provides staff’s recommendations in this area.
Of note, also read the Separate Statement of Commissioner Maureen K. Ohlhausen (pdf) and the Dissenting Statement of Commissioner Joshua D. Wright (pdf). Not for the first time, Commissioner Wright appears to take an appropriately conservative and evidence-based approach to issues.