|Received:||6/26/2006 5:04:17 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Quixtar/Amway has been a key component to the success in my life for over 13 years and it would be a great disservice to make umbrella restrictions because some OTHER businesses don't play fair. When a prospect registers with us, they are VERY clear that this opportunity is a business, not a get rich quick scheme. Prospects spend no more than $100 to register - a small drop in the bucket for the immediate savings they can accrue through the products and partner stores. A 7 day wait period is absurd, especially since Quixtar offers full money back guarantee. If this wait period was to be required, then a 7 day should be applied to all auto purchases - how many times do consumers spontaneously purchase a $30k+ car with 5-6 years worth of payments. Or require a 7 day wait period for all large television purchases - how many get caught up in the excitement and then realize one week later that spending $2k on a big screen might not have been the best use of their money. The analogies could go on for days. References, litigation lists, earnings disclosures are all a ridiculous waste of time. Imposing rules such as these will only hinder the legitimate businesses and never affect the "bad" businesses because they already don't play by the rules and they won't play by these either. In a nutshell, please don't punish the honest 98% because 2% try to sour the water.