| Comment Number: | 522418-12752 |
| Received: | 7/17/2006 11:55:34 PM |
| Organization: | Bley & Associates |
| Commenter: | Margaret Bley |
| State: | MO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Regarding th FTC proposal on a new "Trade Regulation Rule on Business Opportunities" I can assure you I am commited to provide prospects with complete and accurate information about our Quixtar opportunity. However, I think the rule: 1. Should create a level plaing field 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 waiting 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 be disclosed to prospects.