| Comment Number: | 522418-12144 |
| Received: | 7/17/2006 6:38:38 PM |
| Organization: | |
| Commenter: | Haynes |
| State: | MD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sir/Madam, I am writing to express some of my concerns regarding the proposed Business Opportunity Rule. First of all, I commend the FTC its effort to combat fraud and prohibit unfair and deceptive practices according to Section 5 of the Federal Trade Commission Act. However, as a Quixtar IBO for over five years, I am particularly concerned about the proposed requirement of 10 references, litigation list and financial substantiation. Whenever we share the Quixtar opportunity we follow a step-by-step process which includes a packet of information, the opportunity to meet other IBOs and a time to have questions answered. I hope the final proposal of the Business Opportunity Rule will combat fraud and not penalize Quixtar IBOs who adequately and fairly inform people when sharing the business opportunity.