| Comment Number: | 522418-05701 |
| Received: | 7/3/2006 4:57:40 AM |
| Organization: | Quixtar |
| Commenter: | Nicholas McNamara |
| State: | MI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am a new IBO trying to build a ligitimate business with the Quixtar Web site and TEAM. This ruleing as it stands would hinder my ability to build my business to a point that would make my future and past efforts fruitless. I understand the need to fight fradualnt businesses and applaud the FTC for their efforts. Please make every effort not to harm legitimate business oppertunitys. I beleve that the rule Should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. I also beleve that the rule should provide a reasonable cancellation policy. This rule should not require a 7 day waiting period before a prospect could register. Should not require IBO refrenced to be provided to prospects or disclosure fo past litigation. Should not require financial records to be disclosed to prospects.