| Comment Number: | 522418-04974 |
| Received: | 6/28/2006 11:53:17 PM |
| Organization: | Xango Independent Distribitor |
| Commenter: | Rene Steiner Jr |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am writing to ask that you reconsider some of the requirements you are proposing to regulate the direct sales industry. I am a Xango Independent Distribtor who has been proud to be involved in this business. I began my business to supplement my family's income I earn has allowed me to prepare for retirement since Social Security isn't enough to support my family. My wife is unemployed/disabled. I plan to retire soon since I will be 65 in 2007. The proposals you are suggesting would make my business much more difficult and possibly impact my income. Specifically, in terms of the references requirement, I would never feel comfortable providing the personal contact information of other people in Xango, nor would I want my own personal information given out freely. I feel good about sharing Xango's very real business opportunity with others, and want to continue to easily introduce Xango to more people who could benefit as I have. The regulations you are proposing would hinder me from doing so – and would hinder others in starting their business in the timeframe they choose. Please know that I’m thankful that we have the FTC working to protect average consumers like me, but in this case, you will be working against me, impacting my income, my future and my family’s future. Please reconsider the regulations you are proposing. Respectfully yours, Rene' Steiner