|Received:||7/1/2006 4:24:07 PM|
|Organization:||Marketing Best Practices Inc.|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have no problem with you guys trying to crack down on real scams and scam artists, but your broad definition of "business opportunity" would seriously injure entire legitimate industries. The thing I'm worried about the most is the requirements to disclose customer data. What you're recommending is an invasion of privacy for heaven's sake. In addition, requiring companies to divulge their sales for any given product (to potential competitors) could jeopardize any business. And requiring a 7 day disclosure BEFORE purchase? Who was smok'in crack when they thought that one up? I'm all for stopping scammers, but you're pulling most of the fish up out of the sea, along with the sharks. David Frey President, Marketing Best Practices Inc.