|Received:||6/30/2006 1:55:32 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:The Act should mirror certain aspects of Sarbanes-Oxley that insure income is not double-reported. For example, if a new distributor buys product for $10,000, his upline could claim revenue of $10,000 but not the upline above that. Otherwise, several layers of uplines would all report the same revenue, grossly overstating the companies earnings.