| Comment Number: | 522418-05725 |
| Received: | 7/3/2006 11:26:03 AM |
| Organization: | TEAM |
| Commenter: | Sharon Jahn |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
It appears that the propose rule is too focused on a small group of business owners. I support reasonable business disclosures that are fair and help consumers make wise choices. Instead of targeting or restricting freedom of choice, please consider the following to adopt: 1. create a level playing field by requiring clear, concise and standardized income disclosures that apply to ALL direct sellers. 2. provide a reasonable cancellation policy. Please consider the following to reject: 1. do not require a seven-day waiting period before the prospect can register. This is not consistent with all new business acquisitions. 2. do not require IBO references be provide to prospects or disclosure of past litigation - this is not done with other businesses, so why now target a small interest group. Be fair to one and all. 3. do not require financial records to be disclosed to prospects. Since when do people disclose their financial records to others. Please review your prosposed rule and if you propose to move forward, develop a rule that addresses all small businesses with direct marketing. Thank you Sharon Jahn