Comment Number: 522418-06063
Received: 7/5/2006 9:35:06 AM
Organization: Powers Enterprises
Commenter: Richard Powers
State: NE
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
Attachment: 522418-06063.pdf Download Adobe Reader

Comments:

Please create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. This way everyone would be on the same field playing by the same rules and have the facts not just hype. Setup and provide a reasonable cancellation policy that everyone must follow. This will give everyone a way look at things from the inside and then get out if they would like. Please do not require a seven-day waiting period before a prospect could register. The two previous statements will give everyone the time and information that they need. Please do not require IBO references be provided to prospects or disclosure of past litigation. Trying to keep up with this would kill the average IBO. Please do not require financial records to be disclosed to prospects. The first above statement should give everyone all the information that they need to make an intelligent decision.