|Received:||7/12/2006 2:02:09 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:The FTC proposal places undue burden on business owners and is not consistent with disclosure requirements for many other areas of commerce that deal with on the spot purchases and transactions. Whether it is purchasing a car, home, or business opportunity, there should be consistent buyer protection and buy back guarantees in place. In most cases this is already in place, and requiring additional and unneeded background information will hamper the growth of my business as well as further hamper new independent contractors that I am working with. I understand the need to eliminate illegitimate business activities, but hampering legitimate business enterprises is not the way to do it. Especially cosidering our litigious society, to provide every litigation on a certain company would be like a wild goose chase, with ltigations with no validity, mixed in with the opposite. I would ask the FTC to consider a wiser option, which may be to focus on methods to enforce more effectively the current laws that govern this area. Thank you.