| Comment Number: | 522418-06653 |
| Received: | 7/6/2006 11:22:30 PM |
| Organization: | Quixtar |
| Commenter: | Ravi Mudaliar |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Title: Notice of Proposed Rulemaking Subject Category: Business Opportunity Rule CFR Citation: 16 CFR Part 437 Per review of the proposed FTC rule, I am concerned about the impact on the Quixtar opportunity to prospects and limit the business potential. The proposed rule should create 1. Level playing field by requiring clear, simple and standardized income disclosures that apply to all direct sellers. 2. Should provide reasonalbe cancellation policy. 3. Should not require seven day waiting period for a prospect could register. 4. Should not require IBO references to be provided to prospects or disclosure of past litigation. 5. Should not require financial records to be disclosed to prospects. While respecting the intent of the proposed rule by FTC, the impact will be duet o restrictive requirements that would slow down the growth opportunity for both prospects and the opportunity. Your consideration to review the proposed resolution as listed above will be greatly appreciated. Thank you for providing an opportunity to voice my opinion.