| Comment Number: | 522418-05421 |
| Received: | 7/1/2006 2:18:37 AM |
| Organization: | Quixtar |
| Commenter: | Michael Mammone |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom It May Concern, I can appreciate the intentions of FTC by setting these standards. My concerns are that these precautions will not be followed by the illegal ventures who obviously do not make any attempt of following a moral or legal code. There is also no business benefit to legitimate business owners. I would propose that the FTC make a huge attempt to endorse legitimate opportunities and distinguish the ethical from unethical vehicles. Create a section on their web site and inforce the list of "approved & unapproved" companies to be given out. We must remember that network marketing is a very effective yet misunderstood business vehicle. It would be most helpful if the FTC would utilize their expertise by listing relevant data on their website rather than expecting independent distributors to do it. Thank you kindly for your time, Michael T. Mammone Jr.