|Received:||7/1/2006 8:53:34 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I am glad to see that this proposed ruling makes some attempt to lessen the damage that the direct selling industry has on unsuspecting individuals. I would very much like for you to enforce this proposed rule, anything that would help with disclosure for these mlm pyramid schemes would be better than what goes on now. So many people are losing their shirts with these deceptive schemes, being lured with fraudulent claims of making millions. With Quixtar being the biggest perpetrator I have come across. If you really want to protect innocent people from these illegitimate "business" opportunities, you really should shore up the laws surrounding retail sales requirements. Quixtar distributors and their ilk con people into buying their expensive wares, on the promise of becoming rich when they recruit enough other people to do the same thing. Regardless of the amount they are buying, and whether or not they actually use the merchandise, should be of no consequence. If no sales are being made to people who are non participants (i.e. those with no profit motive), then the vast majority of people are losing money, all to the benefit of the corporation leaving little motivation for the them to change things. Please make a clear ruling on the retail sales requirements, in order to protect people from losing money and buying cupboards full of products they would not have otherwise ever considered buying. It's time for this scam to stop. Thank you.