|Received:||7/17/2006 12:02:26 PM|
|Organization:||Quixtar Independent Business Owner|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Should create a level playing field by requiring clear; simple, and standardized income disclosures that apply to all direct sellers. Should provide a reasonable cancellation policy. Should not require a seven-day waiting period before a prospect could register. Should not require IBO reference be provided to prospects or disclosure of past litigation. Should not require financial records to be disclosed to prospects. We are in support of the position that every prospect should have the information needed to make an informed decision. But are against specific provisions of the FTC proposal that would penalize honest IBO's and cripple their sponsoring efforts. Thank you for your help in supporting the small business owner and taking the time to listen to us therefore we all can be successful.