| Comment Number: | 522418-12336 |
| Received: | 7/17/2006 8:41:20 PM |
| Organization: | Lucas & Associates |
| Commenter: | Ruthie Lucas |
| State: | MD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
On your proposed ruling about the Business Opportunity Rule. There are several things I feel that would be in conflict with the growth of my business. If a contact would have to wait 7 days before they can start their buiness it would cause slow realization of any benefits. If I had to provide to much personal information to a strange, it may cause me great harm(identy theft) as well as client theft. Having to keep on hand a financial statement before a relationship is build, also to have ten names of references to give out when a person is invited to a meeting they have an opportunity to ask questions at that time. I would not like to provide my personal information. I know you are trying to prevent fraud but with that much info being provided to a stranger it could cause the business owner problems also. I am afilliated with Quixtar, they have also ways had a great reputation, the founders have always been above board. This should be a win - win situation for both the business owner and the client.