| Comment Number: | 522418-04676 |
| Received: | 6/27/2006 10:20:31 PM |
| Organization: | Quixtar IBO |
| Commenter: | Marilyn McLeod |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I applaud your efforts to regulate unethical direct sales companies. I'm very concerned as I read the proposed strategies for accomplishing this. Does every retail store have to disclose all legal allegations, whether true or false, before they can sell a product? Or have to give 10 references of similar stores in the area? This seems highly unfair, as well as prohibitively difficult. Instead I suggest looking at Quixtar's practices and considering applying their level of experience and practice of ethics to other less mature companies, as has been done in the past. Quixtar is usually ahead of the game, and their experience will save everyone alot of time. Eliminate the waiting period. Eliminate references. Eliminate disclosure of litigation. Eliminate disclosure of personal financial documents. Standardize simple disclosure of basic income claims, using real data from the company, rather than individual direct seller. Support the honest companies. It's hard enough to earn a living; this is one hope when so many other avenues are taken away. Don't make it more difficult for honest people trying to make an extra income to cover health care costs and other needed items their paychecks no longer cover. Place penalties on owners of unscrupulous companies who use their sales force and then don't follow through on their promises; they hurt everyone, especially the direct sellers who trusted them and now won't even try working with an honest company.