| Comment Number: | 522418-09693 |
| Received: | 7/14/2006 11:19:51 PM |
| Organization: | |
| Commenter: | Charles Harvey |
| State: | VA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am a distributor of Xango. I just joined in March, 2006 hoping this business would help me be able to retire in 2 years. This business is not complicated to work and does what it promises. I know you are interested in helping protect people against fraudulent schemes but I do feel some of your changes will intrude into the privacy of people. When you are asking for the 10 nearest existing sales people, some people do not want strangers asking them questions. Also this opens the people up to ID theft. One thing I like about the Xango business is that it does not take much paperwork to work the business. The changes in this rule will require alot more record keeping and cause administrative problems on all levels of the business. It will cause unnecessary delays with the 7-day waiting period and will cast the direct selling plan in a negative light. Thank you for your consideration of this matter.