| Comment Number: | 522418-09907 |
| Received: | 7/15/2006 1:14:23 PM |
| Organization: | |
| Commenter: | IRMA JOHNSON |
| State: | CO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
A rule proposal for a seven day wait before a prospect can sign up would be detrimental and non-productive because we already have a money back satisfaction guarantee. The divulging of a list of "references" (names, addresses and phone numbers) would be a total invasion of privacy of those individuals and also non-productive as well as a relinquishing of personal information concerning one's own business. It could serve no logical purpose to have to disclose past litigation but would only serve to plant seeds of negativity in the minds of prospective business associates. A need to make a different disclosure for every income claim would be virtually impossible due to widely varied histories regarding incomes and those earning same. To have to provide prospects with personal financial documents to back up any income claim would be a total invasion of privacy and should only be available to the FTC and similar state agencies in an agency investigation.