| Comment Number: | 522418-04666 |
| Received: | 6/27/2006 9:34:34 PM |
| Organization: | Quixtar |
| Commenter: | Nick Rieck |
| State: | IA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
By adjusting the current proposal I believe that the FTC should: • Should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. • Should provide a reasonable cancellation policy. • Should not require a seven-day waiting period before a prospect could register. • Should not require IBO references be provided to prospects or disclosure of past litigation. • Should not require financial records to be disclosed to prospects. I am a current Quixtar Independent Business Owner, and think that some of the proposed laws would hurt honest IBO's and not help new prospects. Thank You.