| Comment Number: | 522418-12559 |
| Received: | 7/17/2006 10:51:19 PM |
| Organization: | |
| Commenter: | Jim Samborsky |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Many business opportunities have a relatively small cost to become registered. I suggest that a threshhold dollar amount be established before a Business Opportunity Disclosure is required. This dollar amount should be indexed for inflation. For example, if registration costs about the same as a tank of gas ($50), there should be no paperwork required. If registration were more on the order of buying a new car ($25,000), then documented disclosure makes sense. This is similar to the franchising rules that exist in some states. I suggest a threshold amount of $200.