| Comment Number: | 522418-05775 |
| Received: | 7/3/2006 2:05:31 PM |
| Organization: | |
| Commenter: | Freida McKinney |
| State: | MI |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I hope this new rule gets passed. Amway/Quixtar is a fine example why this rule of disclosure is needed. I have a relative in Quixtar and they want someone to believe that they make their income on the sale of the product but they do not. When they speak at the functions they are paid a fee. I would really like to see a law where the speakers at the functions would have to disclose how much they are making from speaking on stage. Also their cut of the sale of the tapes and books they distribute. Please pass some sort of rule to disclose what portion of the income is from speaking at functions, sale of tapes, and how much income from the actual product. Maybe people would realize before they pay money to get involved in these scams that not everyone can speak on stage to get that portion of the income. Thank You, Freida McKinney