|Received:||7/12/2006 11:58:02 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I agree with the fact that the rules must be changed to protect prospects from companies that only what to take they’re money and run. But I disagree with some of the proposed rules. 1) A seven day waiting period would only hurt new prospects. I can have a new person making money and legitimizing they’re business in the first 7 days. 2) Providing prospects with 10 other IBO’s names and number would make starting a new person very hard. By the time I give out the names and numbers I would have invested a lot of time into the prospect and anyone of those 10 IBO’s would have a moral chose to make, steal my prospect or not. 3) All of these rules need to be made so that business’s have to follow then. So of these proposed rules would only hurt legal business and illegal business would just ignore them.