|Received:||7/12/2006 7:37:15 PM|
|Organization:||V.I.P. Enterprises Inc.|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I fully support Quixtar's position on reasonable business disclosures that are fair and help consumers make wise choices. The rule that is being considered should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers and should provide a reasonable cancellation policy. The rule should not require a seven-day waiting period before a prospect could register, should not require IBO references be provided to prospects or disclosure of past litigation and should not require financial records to be disclosed to prospects.