|Received:||7/3/2006 5:13:01 PM|
|Organization:||a Quixtar affiliate|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I believe that there should definately be a law that restricts the activities of illegal business opportunities. i believe this is a step in the right direction. my concern is that by restricting business operations so tightly,as to deter the bad businesses, that it may very well hurt the people legitimately working to get ahead by taking hold of their right to free enterprise. i believe: 1- There should be a minimum wait period. we usually allow 2-3 days until a second look and a decision. i would think it would be an injustice to wait 7 days, first because people will lose their excitement and focus, second is that you only have to wait 3 days to buy a fire-arm? 2- on the issue of disclosing personal income when presenting the opportunity- some people honestly may not make a lot of money and when getting started they may be embarressed by disclosing this personal information. i will always disclose this info if i am asked, and if i am not doing well enough, i take them to someone who is. people should make their own decisions based on their individual work ethic. 3- as far as past litigation, this is not a problem for us, but i think it is the responsibility of the prospect to do due dilligence. 2-3 days is plenty of time to check ftc and bbb reports. which we direct them toward. i think this proposal may be focusing more on the distributors morals and misleading information. this is great. is there any future legislation or stronger enforcement of illiegal business models?? i am just a small cog in this wheel. perhaps the ftc should compile a brainstorming group of the top business owners in this industry that are known to be legitimate, and see what they come up with. thank you for your efforts.