|Received:||7/9/2006 2:56:42 PM|
|Organization:||International Connection, Weatherly & Associates|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Re: 7 days waiting period No need for a waiting period as prospects can get 100% of their money back if they desire. Re: Providing list of 10 other IBO's If you had to give every prospect a list of other IBO's in the area seven days before they register it would infringe on the privacy of other IBO's as well as well as take away from the sponsor's right to link them up after they did all the work. Re: Providing a list of all lawsuits is moot. These were legal matters that have been settled, mostly out of court, that common prudent folks can look up with the Better Business Bureau in that area. Why burden the new prospects with too much paperwork that is of no concern since the claims are settled. This is ludicrous! Re: For the matter of disclosures of income: The fact that we state the average monthly gross income should already take care of this aspect. Re: Personal Financial documnts The matter of personal financial documents to prospects is again violating the privacy of IBO's financial records. If an IBO is required to produce such documents from any state agency, that is a totally different subject. However, to divulge that information to a prospect who in turn may or may not get in the business, is a violation to the IBO's privacy. In closing the Alticor and Access Business Group has followed the government regulations and have gone the extra mile to ensure their IBO's have followed the guidelines. The Direct Selling Association and the U.S. Chamber of Commerce would also heartily agree with the way and manner in which we conduct our business practices.