| Comment Number: | 522418-04516 |
| Received: | 6/27/2006 8:59:53 AM |
| Organization: | |
| Commenter: | Randy Huff |
| State: | SC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
First of all, I want to thank the FTC for working to stopping unfair business practices and "scams." This work is important in order to show everyone that our free enterprise system does work. Any new proposal put forth by the FTC should help create a level playing field and require a clear, simple standardized method for income disclosures that apply to all direct sellers. Furthermore, it should provide a reasonable cancellation policy. A possible seven day waiting period before registration of a prospect is not necessary because companies should offer a money back guarantee as my organization does. This eliminates people believing they are being deceived. There is also no need for references to prospects or any disclosures of past litigation. Past litigation often shows the organization in a bad light even though they were not at fault. The case is taken care of but the bad information stays around. This is wrong. Financial records are not necessary because the company providing the opportunity should use FTC accepted income projections as my company does. This helps to eliminate "guess work" for everyone. My independent business is providing valuable insight and opportunity for me and my family to achieve success. I enjoy the team I am a part of and encourage anyone to join us. I could not put a price on how much my business and business team mean to me and my family. I sincerely hope the FTC will always strive to promote free enterprise in America with integrity based standards for all worthy business opportunities. Thank you for your consideration.