|Received:||6/28/2006 9:09:25 AM|
|Organization:||Tesch & Associates|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:The rule as written is completely unacceptabe as it would destroy our businesses. The rule should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct selling companies. It should provide a reasonable cancellation policy. It should NOT require a seven-day waiting period before a prospect could register. It should NOT require IBO references be provided to prospects or disclosure of past litigation. It should NOT require financial records to be disclosed to prospects. Please revise suggested rule.