| Comment Number: | 522418-09626 |
| Received: | 7/14/2006 8:56:21 PM |
| Organization: | |
| Commenter: | Tyrone Davis |
| State: | VA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The litagation proposal is the one that I have the most problems with. I feel that having to display a list of allegations whether they hold any merit or not is unfair and makes prospects think that this business is a scheme. Unfortunately, business opportunities such as this one have a bad reputation because people assume that they are a pyramid scheme. Having to show all the bogus allegations would only contribute to their negativity. I believe that there is enough information about the company and enough disclosures upon registration. When I signed up I felt I had enough information about the company available to make an informed decision. As far as the other proposals, I agree with Quixtar in their solution to the proposals. The other proposals would violate privacy and hinder the business. Please do not make any drastic changes to this business. It is hard enough as it is with all the rumors floating around about this business. We appreciate the effort to regulate the business, but I feel that drastic changes too soon will greatly hinder many IBO's.