| Comment Number: | 522418-05152 |
| Received: | 6/29/2006 8:29:37 PM |
| Organization: | DML & ASSOC |
| Commenter: | Dawn Lima |
| State: | MA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom it may concern, I am writing in regards to the new proposed rule that the FTC would like to adopte. This rule is inregards to U.S. business opportunities. I am referring to the burdensome disclosure document that would prohibit new IBO's from Quixtar to have a grace period of signing up until 7 days. Should not have to disclose all past litigation. Just because one person failure doesn't not mean failure for all. If that was the case we would not be fyling today. Also, allowing some one to see your finicial statements doesn't make the new prospect anymore successful or unsuccessful. However, ther should be a fair playing field by requiring clear, simple. and standardized income disclosures that aplly to direct sellers. and a reasonable cancellation policy. It would be funny if someone bought a Mcdonald's franchise and wanted to return it after they had a loss the first year. Thank you for your time, Dawn Lima Quixtar IBO