| Comment Number: | 522418-10868 |
| Received: | 7/16/2006 11:27:12 PM |
| Organization: | TeamBuilders |
| Commenter: | Russell Kupfer |
| State: | AZ |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom it may concern: I would first like to thank the FTC for showing such interest in protecting the people against bogus companies and internet websites. I believe that the FTC's intentions are good, but some of the proposed requirements for regulation would place undue burdens on lagitimate companies such as Team Builders. I have been associated with Team Builders for six months now and have been very pleased with the business. I have found that the company holds very high standards and is not a bogus or false internet business. Imposing the proposed regulations is not necessary and would be very detrimental to our business by stunting business growth and development. Some alternatives to the proposed requirements may be to: 1. creae a standardized income disclosure that would apply to all direct sellers. 2. Provide a reasonable cancellation policy. 3. Should not require a seven day waiting period before a prospect could register. 4. Should not require IBO references or disclosure of past litigation. 5. Should not require financial records to be disclosed to the prospects. I do thank the FTC again for expressing such an interest for the good of the general public, but I as an independant business owner do not feel that proposed rules and regulations are necessary for the Team Builders Organization. I do hope you will consider the above recommendations before imposing any new regulations. Thank you for you time. Sincerely, Russell W Kupfer IBO