|Received:||7/3/2006 10:30:16 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:The proposed ruling overcompensates for potential issues and has the strong potential to damage business growth, thus hurting business and the economy in general. Our business model through Quixtar has been proven to be a good addition to the free enterprise system. Persons joining our business have up to one year to be reimbursed for their initial small investment. Quixtar is associated with some of the largest name brands and companies in the world. To punish us as business owners for the problems from other less scrupulous businesses is damaging and not fair. The restricitons proposed are over the top. We provide disclaimers to prospects according to Quixtar rules. The proposed restrictions will damage our business for no reason. People will be scared away by information which is not germain to their sitiuation (law suits). An analogy to this would be why not require Walmart to provide a list of their litigation on your way in to the store? Does not make sense. Our country in too litigious as it is and this information would not provide value. Waiting periods and having to provide proof of earnings and names of others in business is an invasion of our privacy. People can already do research via the internet where they find credible (and in some cases not credible) information. Sites such as the Better Busines Bureau and the Direct Selling Association provide valuable, credible information. I oppose the propostion because it causes more damage than benefit provided.