|Received:||7/11/2006 10:47:04 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I n regards to the new proposal for businesses simular to mine,I feel that a cancelation period should be sufficient enough for a person to change their mind. As with any business there are all types of obstacles. Some are the nature of the business and others are clearly fradulant. Quixtar does not fit the latter by far. As long as business documents are made available once someone joins that enables a person to cancel or remain within a fair period of time. On the question of showing income records for every situation seems a bit exaggerated. Keep in mind that pizza businesses come a dime a dozen. To give a fair perspective ,top.middle and low ranges of income give the prospect a very good idea on the potential provided true effort is made. Hence my type of business works the same. I stress as long as prospects are given a cancelation period and sign a form stating that they read documents out lining the opportunity as explained above that shoud be sufficient. A suggestion- maybe the FTC should advertise and alert people that they should check with them for a list of legitimate businesses. Some of the proposals do not insure against fraud and they do make it difficult for the legitimate businesses already in good standing with the FTC.