|Received:||7/5/2006 11:09:37 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Dear Sir/Madam, Having been affiliated with Quixtar/Amway for 15 years I believe the suggested ruling would be too prohibitive on our ability to prospect for our business. In today’s overly litigated environment, just about every legitimate profitable business has an abundance of lawsuits filed against them. To have 10 years of these listed would be overwhelming to most people. If you can imagine having that requirement for all prospective employees of Walmart. Or the idea of providing to each applicant to the FTC 10 references of current employee’s home phone numbers. Or as a manager of a McDonalds having to reveal your personal income to prospective part time employees. These things sound absurd, but it is in my opinion equivalent to what is proposed in our industry with this rule. I have no problem with a guaranteed registration refund or requiring the average income disclosed. I know there are crooks and scams out there, but please do not put a strangle hold on those of us working on legitimate businesses.