| Comment Number: | 522418-05139 |
| Received: | 6/29/2006 7:43:42 PM |
| Organization: | harp international |
| Commenter: | hayden patino |
| State: | MD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been and IBO associated with the Quixtar Corp. for the past 5 yrs,. and have been exceedingly satisfied with it's organization and disclosure policies. This business has afforded a measure of freedom and independence not found in any other endevour I have undertaken. The proposed rules will serve to limit our already open manner of business, placing undue burden on our type of operation , which is in full compliance ( and is the bench mark) with FTC regulations. May I suggest the following : .No sevevn day waiting period. .A reasonable cancellation policy. .Standerdized and simple income disclosures for all direct sales businesses. .IBO's should not be required to provide information about litigation from the previous ten yrs. .Financial should not be required to be disclosed to prospects.