|Received:||7/12/2006 6:06:37 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Our association with Quixtar has provided us with an opportunity to develop a home-based business at the speed and level with which we choose. We were able to participate in this business venture with very minimal upfront money and have an opportunity to make a very substantial income from the business. We support reasonable business disclosures that are fair and help consumers make wise choices. We feel that income disclosures presented should be clear, simple and standardized, applying to all direct sellers. We also believe a reasonable cancellation policy should be provided. On the other hand, we feel that requiring a seven-day waiting period before a prospect could register, is not fair nor necessary. This would be discouraging to a prospect who is interested and wanting to get started. Requiring IBO references to prospects or disclosure of past litigation would be something that we feel would be confusing and unnecessary. We also do not believe that IBOs should be required to disclose financial records to prospects. We ask that you consider how burdensome your proposals would be to our business.