| Comment Number: | 522418-04759 |
| Received: | 6/28/2006 10:07:53 AM |
| Organization: | Quixtar Idependent Business Owner |
| Commenter: | Alan Lasley |
| State: | IL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Any rule adopted should not place an undue burden on existing and legitimate businesses. A reasonable cancellation policy with consumers receiving all of their money back should be sufficient. Waiting periods and multiple years of data and lists of references places an undue burden with little or no benefit for the consumer. Any rule you come up with can be matched by the criminal and will not protect the consumer. Why not inclued a rule that says we must provide the phone number of the nearest Better Business Bureau to check us out. That would be sufficient. If the consumer gets a wrong number then they no it is not legitimate. Fraud is currently illeagle. Why cange any rules? Why not just enforce the rules and laws on the books? I would not be willing to disclose my personal financial records nor would any of my organization. Everybody in business, that is ligitimate and doing a good job, gets sued from time to time. To dig up all of these records and provide to a prospect would be burdsome on the business and would not be read by the consumer anyway. Most of the government mandated paper work never gets read. Be careful that you don't kill the goose that is layng a golden economic egg. You can not create a totally protected environment without killing our freedom to make choices. Thank you for your consideration.