| Comment Number: | 522418-04840 |
| Received: | 6/28/2006 3:42:11 PM |
| Organization: | Quixtar Business |
| Commenter: | Reed DeVries |
| State: | SD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear FTC, I want to give you some comments regarding your proposal for "Trade Regulation Rule on Business Opportunities". While I applaude your attempt to curtail the illegal business schemes that are out there, your current proposals include things that would be very damaging to those of us who are building very legitimate and legal businesses. We have been operating an Amway/Quixtar business for over 20 years, and it has been our full time income for almost 14 years now. Your proposed rules would severly hurt our ability to build businesses. Here are my concerns: 1) Requiring that all legal allegations against Quixtar and its IBOs from the past 10 years be listed to prospects.--We all know that anybody can start a lawsuit against anyone, no matter how untrue the claim may be. It would be like going to McDonald's to buy a hamburger, but before I can buy it I must read all the lawsuits that anyone has ever brought against McDonald's, no matter how bizarre those lawsuits were. 2) Requiring IBO's to give every prospect a list of 10 "references" 7 days before the prospect registers. -- We already do that by giving them names of the people in their support team that will be helping them build a business. By forcing us to give them 10 references of people in their area, many of those references would not be in their support team. --That is like having a person who is thinking about a McDonald's franchise calling all of the Burger King, Arby's, etc. stores in their area to ask about their success. It doesn't make any sense and would be very destructive to our business. 3) Require IBOs to calculate every income claim- They have the ability to do that now with a calculator and paper. It doesn't make sense to force people to calculate that. Thank you for letting me respond.- Reed DeVries