| Comment Number: | 522418-04924 |
| Received: | 6/28/2006 8:19:14 PM |
| Organization: | |
| Commenter: | Michael Halpin |
| State: | MO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The proposed FTC rule should: 1. Create a level playing field by requiring clear simple, and standardized income disclosures that apply to all direct sellers. 2. Provide a reasonable cancellation policy. 3. NOT require a seven-day waiting period before a prospect could register. 4. NOT require IBO references be provided to prospects or disclosure of past litigation. 5. NOT require financial records to be disclosed to prospects. The proposed rule would cause a severly negative impact on my business' ability to function. Likewise it would put my family's financial future in danger.