|Received:||7/11/2006 12:19:27 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:The proposed ruling for US business opportunities is a well meaning idea with the intention to help protect individuals from illegal schemes and fraud. This should by all means be applauded and welcomed. What usually happens though is that such schemes and bogus business opportunities find loop holes and various avenues to get around such rules, while putting unduly burdensome regulations on legitimate business owners. The responsiblity therefore lays upon the consumer considering such opportunities to do their own research before making a personal decision. The Quixtar opportunity, which would be affected by the proposed ruling, has provided my family an opportunity to change the quality of our lives. Not only has this business system provided the education and training needed to put us on the track to a higher standard of living, but it has given us a tool to help others who may have had similar situations in life as our own. Our family therefor, supports the business system that Alticor, the parent company of Quixtar, has put into place to help IBO's (Independant Business Owner's) such as ourselves. Hence, my family and I support the recommendations made by Quixtar that the rule.... • Should create a level playing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. • Should provide a reasonable cancellation policy. • Should not require a seven-day waiting period before a prospect could register. • Should not require IBO references be provided to prospects or disclosure of past litigation. • Should not require financial records to be disclosed to prospects. Thank you for the opportunity to let the voices of Quixtar IBO's such as myself share in the decision making process. We hope that the proposed ruling will continue forward with a positive outcome.