| Comment Number: | 522418-10214 |
| Received: | 7/15/2006 10:59:45 PM |
| Organization: | quixtar |
| Commenter: | jack tipre jr. |
| State: | IL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
FTC After having read what the proposal that the FTC is condsidering I do believe that this would hurt all of the network groups that follow what the FTC has already puit into works I believe that we do have to have guide lines for all business but what you are proposing have way to many restrictions that will hurt all of us. !) eliminate the waiting peroid period, at least for opportunities like Quixtarwhere a person can get their money back if not satisfied. 2) Problem #2 Eliminate the requirement to provide 10 references. 3) Problem #3 Eliminate the requirement to disclose past litigation. 4) Problem # 4 If disclosures are needed, require a simple, standard, easy understood disclosure such as , average monthly gross income for 'active' IBO. 5) Problem # 5 IBOs should possess substantiation for any claim but should not be required to disclose it except when required FTC in an agency investigation. I DO SUPPORT THE RIGHT OF ALL OF THE DIRECT SELLING PEOPLE TO BE HONEST AND TRUTHFULL. Since I am an IBO I believe that the proposal that the FTC has suggested will really impact not only my business but a whole lot of people that are in the same type of business that already practice correct guidelines. Since I have been with Quixtar they (Quixtar) have always told us to do all that is correct, right that has to do with what the FTC tells us to folow.