| Comment Number: | 522418-03267 |
| Received: | 6/18/2006 8:19:33 PM |
| Organization: | |
| Commenter: | Joanne Brewer |
| State: | OR |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
This letter is in regards to “Business Opportunity Rule, R511993”. I appreciate the fact that you're working at keeping people safe from dishonest business men. In a few of these areas though, I feel that the proposed rules are a bit excessive. The proposed rule to create a 7 day waiting period is a significant administrative burden and challenging when doing business on the internet (where I do most of my business). It also doesn't allow people to start their business when they're ready. Regarding the point of previous litigation; I certainly believe that if parties have been found guilty this should be disclosed. If the defendant is found not guilty or if the parties agree to settle without admission of guilt then this shouldn't have to be disclosed. The business references rule should only have to be done if the person requests it and shouldn't be limited to the people nearest to me. With an internet business it may make more sense for a person to talk with someone in another country. I certainly agree with the cancellation or refund policies. In this era of company down-sizing and outsourcing of jobs it's nice to have my own business. In 2003 the sale of products and services reached $29.6 billion. This growth should be encouraged and the process not hindered by unnecessary rules. Thank you for your time. Sincerely, Joanne Brewer