|Received:||7/11/2006 10:37:21 PM|
|Organization:||A Better Today.Biz|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Creating a level playing field by requiring clear, simple, and standardized income disclosures that applies to direct sellers would help in any confusion they may have in dealing with incomes in a business like mine. Every business should have a reasonable cancellation policy. The problems I see with this act is have a seven day waiting period. Why should there be a waiting period? There is no waiting period for buying a car, stocks or taking a loan from a bank. This is another form of investing time and money. No one should be told they have to wait to make an investment. The B.B.B. has information about the litigation problems an business may or may not have. The burden of research should rest in the hands of the individual. The disclosure of financial records should no be disclosed if the business is a private business. Prospects for direct selling businesses will make a desision base on public infomation but requiring the financial history is should no be required. I don't give my financial history to my stock broker before I invest in a particular stock. This should be the same when someone wants to join a business like this.