|Received:||7/17/2006 10:51:19 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
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.