| Comment Number: | 522418-08143 |
| Received: | 7/12/2006 12:44:25 PM |
| Organization: | Worldwide Dreambuilders/Quixtar |
| Commenter: | Phillip Robinson |
| State: | MN |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We believe in providing prospects with information about the industry. However, we find problems with several aspects of the proposal. 1) Eliminate waiting period. We have a moneyback guarentee. 2) Supplying names, etc. infringes of the privacy of people named. 3) Disclosing past litigation would open honest companies to false accusations, while dishonest companies would ignore the rule. 4) Income disclosures need to be easily understood and standard. 5) Business owners in this industry should possess substantiation for any claim but should not be required to disclose it except when required by the FTC and similar state agencies in any agency investigation. Thank you for allowing us to submit our recomendations.