| Comment Number: | 522418-08105 |
| Received: | 7/12/2006 12:08:00 PM |
| Organization: | Quixtar |
| Commenter: | Richard Clark |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We support reasonable business disclosures that are fair and help consumers make wise choices. We feel that the rule should create a level playing field by requiring clear, simple and standardized income disclosures that apply to all direct sellers and that it should provide a reasonable cancellation policy. However we feel it should not require a seven-day waiting period before a prospect could register. We feel it should not require IBO references be provided to prospects or disclosures of past litigation nor should financial records be disclosed to prospects.