| Comment Number: | 522418-04667 |
| Received: | 6/27/2006 9:39:30 PM |
| Organization: | |
| Commenter: | Brian Sabo |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To the FTC, Thank you for working on rules which will help regulate our type of business and help create an environment of legitimate opportunities. As a person who has had a very positive experience with Quixtar.com I am always open to having my business operate in a more transparent way. However, some of the proposed rules will place very difficult and harmful restrictions on my business. I believe the proposal to require a seven day waiting period is restrictive. We already offer a money back policy. It is simple for the new business owner to cancel if they want. The requirement for "References" is a similar burden. As we opperate as independant business owners there will be new people that will not have 10 other people to use as references. Finally, requiring that all legal allegations be listed is totally unfair and very misleading to the person looking at the bussiness opportunity. I would not be as concerned with actual findings or rulings against me personally. However, allegations against the business in general is quite a bit too much. I have read the various "complaints" on the FTC website. The great majority are very clearly people who are looking for information and are totally ignorant of how our business structure works. In fact I'm sure the FTC people reading the complaints are just as frustrated. Clearly many complaints propose to "inform" the FTC of how to do it's job. I feel you are doing your job but some of these proposals are just a bit too much and may potentially harm legitimate businesses that truly do provide a benefit to the people involved. Thank you for your consideration, Brian Sabo