| Comment Number: | 522418-04622 |
| Received: | 6/27/2006 5:22:54 PM |
| Organization: | |
| Commenter: | Monique Rawlings |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am an Independent Business Owner in the Quixtar business for over 10 years. This is regarding Business Opportunity Rule, R511993. I commend you for cracking down on illegal businesses. But, I think there will be flaws in your proposed rule that would harm IBO businesses. We should create a level playing field by requiring disclosures of standardized income that apply to direct sellers. There should be reasonable cancellation policy and not a requirement for a seven day waiting period. Also, we should not require financial records to be disclosed to prospects. This is huge risk to protection of the IBO privacy as well as the prospect's privacy. As you can see the Quixtar's record, according to the Better Business Bureau, Quixtar has an remarkable record of integrity and honesty. Quixtar's sister corporation, Amway, was a pioneer by the FTC to successfully use Amway's business model as an example of a legal business. Quixtar has been a blessing for myself and my family. My mother joined the business two years ago. She got to see the heart and soul of the business and what the Quixtar business can do for her in life. This is a business that touches people's lives and gives back to the community. We also have people that are serving this country that are IBOs in the Quixtar business. As we see that people's lives are in despair in this country, the Quixtar business gives people hope and dreams that they can be all that they can be in life and give them choices. I hope that you take some of my suggestions into consideration