| Comment Number: | 522418-04296 |
| Received: | 6/26/2006 1:01:40 PM |
| Organization: | Wood Enterprises |
| Commenter: | James Wood |
| State: | AK |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
It has come to our attention that you are considering a new rule that will significantly change the way we operate our Quixtar business. This business has been an important part of our lives, not only financially, but from its place as our mentoring organization, for many years. We support reasonable buisness disclosures, and hold ourselves and our organization to extremely high standards in that regard. However, we believe that the seven-day waiting period, and the requirement for references and financial records will place an undue burden on us and our organization that will not easily be met. Please reconsider this measure so that it will create a level playing field by requiring clean, simple, and standardized income disclosures and a reasonable cancellation policy for all direct sellers. Thanks for this opportunity. Sincerely, James Wood