|Received:||7/16/2006 10:40:50 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been a State employee for over 30 years, and am convinced that government is just too big and meddlesome in matters that go well beyond the purpose of a government. This proposal is yet another example. I've been a Quixtar IBO for about 2 years now and have made net profits virtually every month. Quixtar and our upline support team has more than delivered on every promise made to us. The meager registration fees of about $65 to Quixtar and the initial products we bought of about $50 were well worth it, but refundable had we wanted that. We bring new people into the Quixtar business in the same way. Some have chosen to quit and gotten a full refund- no problem at all. Our goal is to have an income to supplement retirement starting in July 2008. The proposed FTC regulation changes will make that goal MUCH more difficult and seems to be contradictory to the AMERICAN FREE ENTERPRISE SYSTEM. A SEVEN DAY WAITING period is TOTALLY ridiculous because EVERYTHING we register for or buy is 100 % refundable a minimum of 30 days and much longer in other cases. Most new IBO's want their products and business to start immediately so delay would disappoint them and hinder the start of their business opportunity without logical reason since everything is 100% guaranteed anyway. The 2nd big issue is PROVIDING REFERENCES- First, giving out personal information from other local IBO's is a privacy burden and opens the door to have prospects "stolen" by those "listed" people. I don't want my personal information going out to someone else's prospect either. All of our "prospects" are invited to "open meetings" were they can meet other IBO's and prospects and ask them whatever they want. Prospects are also given the FTC ok'd Quixtar business plan brochures. The 3rd issue- providing a LITIGATION LIST- How would we get such a list & to what extent does it go, who would pay for the printing? That would be another unnecessary burden that would confuse a prospect. And what about baseless suits- how fair is that? Issue 4- DIFFERENT DISCLOSURES for EACH POTENTIAL INCOME- We seldom discuss potential income in any way outside of what is in the officially approved literature. The average person would only be able to provide a standardized printed material- like we do now with a SA-4400. This business opportunity is a bargain for those folks willing to do the sweat-equity, but not everyone is willing to do the work until they are financially successful. Yet people quit expensive diets, spas, health clubs, church meetings and leagues and even their marriages and jobs. So what is the point of making our task MORE difficult as well? How does that help our economy or people like me, willing to do the work and make an income NOT dependent on government hand-outs..... EVERYTHING related to our Quixtar business, is 100 % refundable - so please, let's not "fix what isn't broken." Legitimate businesses such as Quixtar should be exempted from further FTC Uber-Regulation; "let's not throw the baby out, with the bathwater."