|Received:||7/16/2006 4:08:37 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I believe the ruling you are proposing will hurt honest buisnesses like Quixtar and there IBO's. It would only make it harder than it already is to sponser peolpe. I think the FTC 1.) should create a level playing feild by requiring clear, simple and standardized income disclosures that apply to all direct sellers. 2.) Should provide a reasonable cancellation policy. 3.) Should not require a seven day wasiting period before a prospect could register. 4.) Should not require IBO references be provided to prospects or disclosure of past litigation. 5.) Should not require financial records to be disclosed to prospects.