|Received:||7/3/2006 4:33:37 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I agree that fair and responsible rules are good. The proposed rules would seriously jeopardize a new IBO's start to building a Quixtar business. A new (or returning IBO) does not have a strong income history or reference list to show prospects. A few in the 1st draft that has been proposed I do not agree with. Here are my suggestions: 1. Should create a level plahing field by requiring clear, simple, and standardized income disclosures that apply to all direct sellers. 2. Should provide a reasonable cancellation policy. 3. Should not require a 7 day waiting period before a prospect could register. 4. Should not require IBO references be provided to prospects or disclosure of past litigation. 5. Should not require financial records to be disclosed to prospects.