| Comment Number: | 522418-05661 |
| Received: | 7/2/2006 10:32:34 PM |
| Organization: | Porzel International |
| Commenter: | Chris Porzel |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
This is a copied file from the Quixtar IBOA Board that I have reviewed and completely endorse. Every American wants a better life. Every American has it within themselves to seek out the best way for them to live the American Dream. The bullets below are reasnable and fair. We all are fighting for a noble cause. Keep the right to be in business for yourself in this country noble. Thank You, Chris Porzel Our recommendations Quixtar and the IBOAI support reasonable business disclosures that are fair and help consumers make wise choices. In our view, here is what the rule should and should not do. The rule… • Should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. • Should provide a reasonable cancellation policy. • Should not require a seven-day waiting period before a prospect could register. • Should not require IBO references be provided to prospects or disclosure of past litigation. • Should not require financial records to be disclosed to prospects. ©2006 Quixtar Inc. All rights reserved. Printed in the USA. 23932