|Received:||7/11/2006 10:21:44 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:a) The seven day waiting period is unnecessary since Quixtar and other legitiment business offer a money back gurantee. It would also slow the growth of my business therefore reducing income. b) A list of references would infringe on the privacy of individual business owners. In conjunction with the secen day waiting period, this rule would allow other independant business owners to register our prospects instead of simply giving them the information this rule is meant to address. c) Requiring "disclosure" of any legal action without regard to the merit of the case is foolish. What purpose would it serve to give reams of paper for cases that have no real legal basis. d) a simple, easy to read disclosure on average income makes the most sense. e) In this day of rampant identity theft, the suggestion of providing financial records to any individual is dangerous and illconceived. Again, one form that is easy to read that provides shows what the average business owner makes in this business is more than sufficient.