Comment Number: 522418-06915
Received: 7/7/2006 11:17:29 PM
Organization:
Commenter: Jerrold Polansky
State: CA
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

As a businessman I recommend that the rule you are considering should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. It should provide a reasonable cancellation policy. It should not require a seven-day waiting period before a prospect could register. It should not require IBO references to be provided to prospects or disclosure of past litigation. It should not require financial records to be disclosed to prospects. Thank you, Jerrold S. Polansky, M.D.