| Comment Number: | 522418-04985 |
| Received: | 6/29/2006 12:54:14 AM |
| Organization: | Motif International |
| Commenter: | Maurice Jackson |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I don't agree with prohibiting prospects from registering as IBOs until seven days after they receive a disclosure document because most companies don't do so before they hire potential employees. I also don't think IBOs should have to give every prospect a list of “references” – contact information for 10 other IBOs for anything because one person might say they're not having any progress however, failed to let that person know that they haven't done what was required to succeed. One persons work ethic shouldn't influence another from succeeding. What you put in anything is what you get out of it. I haven't received any of the following from any of my past or presewnt employers-- List all legal allegations – lawsuits, arbitrations, and other legal claims – against them from the past 10 years. Require IBOs to calculate and make different disclosures for every income claim. Require that every prospect receive “substantiation” for every income claim. I don't see banks, or any other major corp's giving this info out freely...Telecommunication companies aren't doing this...and so on and so on.