| Comment Number: | 522418-08749 |
| Received: | 7/13/2006 12:26:29 PM |
| Organization: | A&R Freedom Enterprise |
| Commenter: | Andrew Hoke |
| State: | IN |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
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.