|Received:||7/13/2006 12:26:29 PM|
|Organization:||A&R Freedom Enterprise|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:The FTC should create a level playing field by requiring clear, simple and standardized income disclosures that apply to all direct sellers. Also provide a resonable cancellation policy. The FTC should not requre a seven-day waiting period for a prospect to register; nor require IBO references be provided to prospects or disclosure of past litigation; nor require financial records to be disclosed to prospects. The intent of this ruling is great; however, the wording would indicate that the FTC is trying to stop ligitimate business opportunities too. Thank you for the opportunity to give my opinion before the law takes effect.