| Comment Number: | 522418-06017 |
| Received: | 7/4/2006 10:30:21 PM |
| Organization: | Quixtar |
| Commenter: | Ron Avola |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I would like to complaint you on making an effort on controlling fraudulent work-at-home schems and other "get rich quick" scams. Your "Trade Regulation Rule on Business Opportunities" has some good points, but also has some items that would really hurt some hard working honest people. Let me explain: 1. A Quixtar prospect can get his money back if not satisfied. Elimiate the waitng period. 2. Refernces, names, addresses, and phone numbers of 10 other IBO's. This creates all kinds of problems. First this would infringe on peoples privacy. Thing of this, new prospect (not reg. yet, 7 day rule) calls a agressive member, ask question and likes the person they are talking to. So the member say "register with me". the original member loses a prospect and a chance to grow his business. Second, I don't want someone I don't know have all my info. The can register and meet us a conference. Solution for this is easy.....Eliminate the requirement to provide 10 references. 3. We would have to make a different discolsure for every income claim. We disclosure this infomation in our plan. All the numbers are there and The "average monthly gross income for 'active' IBO's" is also there for there knowledge. 4. Require us to give prospects personal financial documents. When a person gets hired for any position does the person doing the hiring have to give their personal financial statement to them. This also should be eliminated Yours truly Ron Avola