|Received:||6/28/2006 10:22:17 AM|
|Organization:||Tesch & Associates|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:The proposed rule needs to be modified considerably, as the way it is written would slow down growth and destroy many of our businesses. None of us has the time to do what you are recommending. The rule should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct selling companies. It should provide a reasonable canellation policy. It should NOT require a seven-day waiting period before a prospect could register. It should NOT require IBO references be provided to prospects or disclosure of past litigation. It should NOT require financial records to be disclosed to prospects. It's vital that you modify the rule as requested above, or you will destroy not only our business but thousands of others. Quixtar/Amway/Yager Team have tried to do what's right by all IBO's and prospects.