|Received:||7/10/2006 11:41:10 AM|
|Organization:||Kleinetworking Intl' - IBO of Quixtar Inc.|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I would applaud the FTC efforts to regulate and eliminate those fradulant organizations and systems that create and take advanatage of people with "pyramid schemes", etc. I agree that we should require a level playing field by requiring clearly stated income disclosures along with a reasonable cancellation policy, one that Quixtar already provides. A policy should NOT require any references required, no waiting period or no disclosure of any legal or financial records to be disclosed to prospects. These actions would severly hinder the growth and promotion of free enterprise which we are ambassadors for.