|Received:||7/5/2006 3:17:57 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:My primay concern is with the references needed section of this document. The reason for this is that my organization doesn't include ten IBOs within any area that would be considered local. There are barely tem IBOs in the network of people who I go to for help and guidance. This requirement would consist of me giving out refernces of people who have nothing to do with the success or failure of my business or the prospects' business opportunity. It seems as if this is just a wasted effort when the opprtunity for references is simple because of the way our busiiness is structured and this rule would create undue red tape for both a current distributor and a new prospect. The other difficulty is disclosure of financial information, either my own or others in my organization. In my case showing either my full financial porfolio or just my income from this particular business would be more misleading than the previously provided information form Quixtar's legal department showing the "averages". My business dealings would show above this average and might confuse the prospect as to what they can accomplish unless they are willing to do exaclty as I have done. It would also give pesonal information to people who I might not be interested in having it. I am glad that there is an attempt to shut down so many of the scam artists out there that tend to give our business a bad name by misassociationbut this should not be at the cost of additional confusion for new prospects who might find it even more difficult to build their businesses with extra (and ineffective) restrictions.