|Received:||6/30/2006 1:07:31 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:In response to the proposed changes to the rules for business opportunities--I offer the following comments. #1 Obviously, it is important for prospective business owners to have appropriate information to make an intelligent decision on whether to pursue a business opportunity. #2 The direct selling business is more about the prospect's willingness and ability to persevere through rejection more than it is about financial disclosures and having a waiting period prior to getting started. #3 The disclosures discussed in the rule changes will handicap legitimate direct sellers. #4 A waiting period is an unnecessary penalty put on both the direct seller and the prospective business owner. #5 Maybe there should be rule changes to the withholding tax laws so that employees get disclosure on how much is about to be withheld from their paychecks and then provide them with seven days to decide whether or not they want to pay them!