| Comment Number: | 522418-04579 |
| Received: | 6/27/2006 1:49:50 PM |
| Organization: | INA |
| Commenter: | Kristi Anthony |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
1) Should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. 2) Should provide a reasonable cancellation policy 3) Should not require a 7-day waiting period before a prospect could register (this is resolved by providing a reasonable cancellation policy) 4) Should not require IBO references be provided to prospects or disclosures of past litigation. 5) Should not require financial records to be disclosed to prospects.