| Comment Number: | 522418-07825 |
| Received: | 7/11/2006 7:58:14 PM |
| Organization: | Xango, LLC |
| Commenter: | Jamie Bohn |
| State: | UT |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
In regards to Business Opportunity Rule R511993, I am submitting my comments on the issue. Thank you for protecting consumers who are looking into legitimate work-from-home opportunities. There are definitely scam-artists out there who are nothing but criminals, and should likely be in jail and I would want them to be exposed for their wrong-doings. There are legitimate businesses out there who can and do provide the means to be able to work from home and they need to be protected from being caught up in the penalties that should be for those unethical companies that are out to use and abuse certain individuals. But if those penalties are unecessarily harsh, the ethical companies out there, Xango, LLC being one of those, will be hurt in the process. Xango, LLC is current with the DSA and always has been and strives to be one of those few opportunities that enable people to be succesful if they work hard and stick with it. I feel like some of the provisions set forth to penalize certain fraudulant companies will devastate our industry, that so many people have worked hard at and are in the process of working hard at becoming successful in. The companies that can be categorized with our type of industry must be known as being credible with your association, and I hope that you will clearly set the rules to make sure that our industry is not hurt in the process. What it comes down to with me, is that people who are looking into working from home are the ones who need to do the research and find out for themselves if it's a legitimate business, or not. I feel like it is the responsibility of the individual who is looking into working from home, to investigate and search out the company in question before they make an investment in the first place. If they are careless in the process, that is their fault and this industry of legitimate companies shouldn't be punished for the ones who fail in the process. Your job is to protect the consumer, but within reason. You can provide all of the resources for people and give warnings, but it comes down to that person's final choice, whether it's the right one or not. It's a fine line, I know, but I hope that you will consider setting guidelines for both sides so that our industry can continue to help people reach their goals and see their dreams come to fruition. In the specific requirements mentioned, a company must have a 7-day waiting period in which the interested individual must wait before a purchase or service is made, and that will only cause people to become suspicious and scare them away in the process. As far as referrals go, yes, legitimate businesses are going to comply, but will the fraudulant ones do so? I think not, as they won't have any referrals in the first place. So, again, it just puts a burden on those of us who are legitimate, and letting the bad guys get away in the process and keep doing what they've been doing. I love my company and love to see people being helped by our product and love what we stand for! I hope that you will make sure that the legitimate companies, like Xango, are not hurt in the process, and that we will be able to help people to change their lives for the better and be protected by this bill in the process. Thank you for considering these comments and look forward to your decision. Sincerely, Jamie K. Bohn Xango Independent Distributor