|Received:||6/29/2006 11:26:53 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I am an attorney and former Chairman of Louisiana Association of Business and Industry, and Vice-Chair of the Greater New Orleans Chamber of Commerce and have been a Diamond IBO in Alticor/Quixtar for over 10 years. Numerous professionals(doctors, lawyers, business executives, and the former Secretary of Commerce in Louisiana) have been part of my business over the years. Busy professionals do not need 7 days to think about a $100 business decision and such a requirement would be unnecessary and burdensome since Quixtar has a money back guarantee for all. More importantly, I know of no professional that wants his confidential contact and membership information sent to others by FCC mandate. Again, the due diligence that is required here has never been a problem in our business or any other business where the cost of entry is very low and the company guarantees a refund for 12 months. These regulatory burdens should be aimed at scams and fraudulent practices, and should never encourage the listing of frivilous or meritless litigation. I have never had a lawsuit file against me or any of the IBO's in my downline in over 10 years in the Quixtar business. Please do not hamstring our ability to grow by lumping the good with the bad or creating an appearance of impropriety by equating the risks in our business with franchise or investment scams that can cost their victims tens of thousands of dollars. Sears also has a money back guarantee that obviates the need for consumer protection regulations that are better suited to snake oil salesmen. Thanks for your attention to my concerns.