|Received:||7/1/2006 12:14:34 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been in the Quixtar Business for 14 years. From my Quixtar business I have received more than monetary rewards. I have gained much personal growth through the Business Development program. I registered the first night that I saw the business plan and with my perspective now I feel I had received enough information to make an informed decision. Generally when I register a prospect they will initially spend between $75 and $220 depending on which product pack if any they get. It should not be necessary for a prospect to wait 7 days before registering when a company as reputable as Quixtar has a money back guarantee on everything. It should not be required to give prospects 10 references of other IBOs in the area 7 days prior to registering. This would infringe basic privacy rights of IBOs. Quixtar IBOs provide prospects with websites that reference Quixtar and give credibility such as the Better Business Bureau website. The rule that would require IBOs to provide prospects with lawsuits or other legal claims regardless of outcome would open up Quixtar and other legitimate companies to false accusations while dishonest companies would probably ignore the rule. We all know that there are many people who make false accusations against large companies without substantiation. To provide those such frivolous accusations to new prospects could inaccurately portray Quixtar and other legitimate companies as questionable in their legality. To have a different disclosure for every income claim would be redundant. Quixtar has made very clear in all business material what the "Average monthly gross income 'active' IBOs" is. There should be no need for additional disclosure. The rule to require IBOs to provide prospects with personal financial documents compromises personal privacy. I wouldn't share my Quixtar income with any prospect but rather share what has been done and what the average monthly gross income is found on the SA-4400. To share income information could limit the prospects concept of what they could achieve. I appreciate the fact that you are in process of creating industry standards to help prevent dishonest businesses from taking advantage of people. However, any laws implemented must protect individual privacy and legitimate companies interest. In my personal business these proposed rules would negatively impact my business growth, making it more difficult to grow our business and help people. Thank you for accepting these comments.