| Comment Number: | 522418-05869 |
| Received: | 7/3/2006 11:58:36 PM |
| Organization: | A & T Enterprises |
| Commenter: | Taarik Rahaman |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I find it strange that the one industry that empowers individuals who are not in the top 10% is the one that is being handcuffed. Why are the requirements for direct marketing organizations not applied equally to investment prospectus marketing as well? I have never seen any company's prospectus listing each and every single lawsuit against the company AND against each director on the board. Large companies would be up in arms against such a proposal due to the burden and irrelevant information that would confuse prospects. Now imagine what the burden would look like for individuals involved in their own small direct marketing businesses. Ridiculous! I firmly believe that the very same format that applies to public company investment should apply to direct marketing plans. That is fair.