| Comment Number: | 522418-09476 |
| Received: | 7/14/2006 4:04:48 PM |
| Organization: | Quixtar/David Winter and Associates |
| Commenter: | David Winter |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My wife and I have been Independent Business Owners with Quixtar for 17 years. We have reached personal and financial goals. We have made life long relationships. Before and at the time we registered we received comprehensive information to make an informed decision about whether to register. When we register others we provide them with the same type of information that let's them know to suceed will take hard work and there are no guarantees of success. Registration does come with a money back guarantee. I appreciate the FTC trying to ensure that independent businesses are legitimate and run correctly, but some of the proposed restrictions would put a hardship on our business. For instance, having to provide prospects with financial records necessary to substantiate income may not be an accurate account of what the prospect could do. I believe the proposed seven - day wait period would impose unnecessary restrictions due to the fact that noone in our business has every felt pressure to regster. The proposal that would require independent business owners to provide prospects with lists of local IBOs is, again, unnecessary due to the fact that propects are invited to various meetings and functions to associate with other IBOs. Thank you for your consideration of this letter. Sincerely, David Winter