|Received:||7/17/2006 3:24:15 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I feel that the proposed FTC rule will significantly impact the businesses of hundreds of thousands of Independent Business Owners (IBOs) through the Quixtar Opportunity. Growth momentum significantly impacts the success of the Quixtar Business. I feel that growth to your independent business with drastically be negatively affected with the proposed 7 day waiting period. Quixtar has a proven system in place that provides a new prospect with ALL the information necessary to understand the credibility of the program. A 7 day waiting period is not needed. This waiting period will without a doubt negatively impact many businesses. Also because of the low cost to get started in this program a waiting period of this type is not necessary. If the cost was over $500 then this ruling may be more suitable. The other ruling that is completely unnecessary is the 10 references. Once again Quixtar has a proven system in place throughout the country that allows a prospect to meet much more than 10 credible sources. The majority, if not close to all, of the direct selling companies in the US, DO NOT have a system such as Quixtar's in place to provide the credibility of the corporation and therefore these business need to be closely regulated. The Direct Selling industry in the US is one of the greatest opportunities. I feel that these proposed regulations will not only negatively impact individuals businesses but also their personal lives. I feel that the current regulations that are present are sufficient enough based upon the success and growth that the Quixtar IBO's are experiencing. Smaller companies that promote themselves as "direct selling", without a question should be independently investigated.