| Comment Number: | 522418-07719 |
| Received: | 7/11/2006 3:23:39 PM |
| Organization: | Quixtar Inc. |
| Commenter: | Keith Rieger |
| State: | IL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My wife and I have been IBOs with Quixtar since its inception and before that with the Amway Corporation. We became associated with them in 1981. We will soon be involved for 25 years an have seen many changes over time. What has not changed is the integrity of the Corporations. We have always followed the ethical standards given us by Amway and Quixtar. We are always truthful with the prospects who come into contact with us. All of our prospects understand that we are not offering them a get rich quick business and that hard work is going to be required with no promise of their level of success.Our prospects can start their business with a Registration Fee and sample of products for less than $200.00. We feel that some of the FTC proposals would limit legitmate busninesses, like Quixtar, from being successful. The 7 day waiting period should be eliminated because Quixtar alreay offers a money back guarantee if prospects are not satisfied or change their mind. We believe that the requirement to provide 10 references within the community should be eliminated before registration can take place. This requirement would infringe on the privacy of every IBO. It would also penalize the sponsor who would be required to give his prospect contact information to 10 other IBOs, any of whom might be happy to register a new IBO themselves. Eliminate the requirement to disclose past litigation. Among other problems, this requirement would open Quixtar and other ligitimate companies to false accusations. Meanwhile,dishonest companies would simply ingnore the rule. If disclosure of income claims are needd, require a simple,standard,easily unerstood discloser such an average monthly gross income for active IBOs. Quixtar already does this. Any requirement to disclose personal financial documents would be an INVASION OF PRIVACY! An FTC Rule that monitors,in an attempt to eliminate dishonest practices, could also prohibit honest companies, like Quixtar, from succeeding. Don't restricg legitimate FREE ENTERPRISE.