| Comment Number: | 522418-11309 |
| Received: | 7/17/2006 10:13:06 AM |
| Organization: | Xango.LLC - A Independent Distributor |
| Commenter: | Gary Vaccariello |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sirs, I am writing this letter in direct repsonse to the porposed FTC Business Opportunity Rule. I applaud you in your continual efforts to enforce strict small business rules in the direct selling/network marketing arena. However, there will be more of a negative effect to the companies and representatives of reputable companies such as the one I represent, Xango,LLC. I have been with Xango building my business for just under a year and have found this company to be of the highest ethical standards in our industry. I decided on this company and network marketing because it afforded me the opportunity to develop a second stream of income for my childrens future college education while not affecting my current career. This business is both critical to my children and also my retirement in the near years to come! One specific area that is very impractical would be finding "10 nearest existing sales people". Most people are hesitant to even give their phone number, their social security number, etc. Also, this would cause another problem with other companies looking ofr other reps and a great possibility of personal ID theft! I thank you for your time and consideration in reviewing my thoughts on how the FTC proposal would adversely effect not only my business but the Direct Selling/Network Marketing Industry as a whole which happens to be a major player in both US and worldwide sales of products and services. Kindest personal regards, Gary N. Vaccariello Xango, LLC - Independent Representative