| Comment Number: | 522418-09790 |
| Received: | 7/15/2006 8:05:01 AM |
| Organization: | PLP Enterprises powered by Quixtar |
| Commenter: | Paul Pineault |
| State: | MA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The FTC is triing to do a good thing but is a little off track. I feel you are over doing it . You should create a level playing field for all direct sellers by requiring a standardized income disclosure. Also provide for an industry wide cancellation policy, but should not reguire a seven day waiting period to register, nor should we be reguired to provide references or past litigation disclosures. Finally you should not require financial records to be disclosed to prospects. THE REQUIRING OF ALL THESE DOCUMENTS WOULD BE CRIPPLING TO OUR INDUSTRY. Thank You