| Comment Number: | 522418-06556 |
| Received: | 7/6/2006 6:10:06 PM |
| Organization: | |
| Commenter: | Shanna Wuensche |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Simple, clear, standardized income disclosures are a great idea. If complicated, people will ignore them. I also agree with a reasonable cancellation policy. However, requiring waiting periods before allowing registration, references, disclosure of past litigation and financial records is unduly burdensome, confusing and harmful to business. The FTC does a great job with the approved disclosures and they provide adequate substanciation already.