|Received:||7/17/2006 4:09:46 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:As people who have built a successful direct sales business in the past, we appreciate your intent with the proposed rule. Legitimate business like ours want to work and build business in a world where people are not suspisious because of experiences being mislead by dishonest people selling illigitimate opportunities. FTC rules should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers.They should also provide for reasonable cancellation policies. Rules should not require a "waiting" period. Direct sales business owners should not be required to disclose financial records to prospects. It would also be inappropriate to require "references" be offered, as many new independent business people could be disadvantaged by a lack of references when they first start their business. Disclosure of past litigation is inappropriate; The history of or lack of litigation can be misconstrude and mislead. Thank you for attention to this important matter.