| Comment Number: | 522418-12610 |
| Received: | 7/17/2006 11:09:27 PM |
| Organization: | Quixtar - Britt WorldWide |
| Commenter: | Jody A. Martin |
| State: | SC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear FTC Represenatives, We have worked hard to develop our Quixtar Business for years with the upmost of honest and integrity with a long term vision. I appreciate all FTC is doing to make sure our prospects in all types of opportunities get the proper information so they can make quality long lasting business decision. That is my number one goal as a IBO. Thanks for your support in what we do for our families long term future. I have reviewed the propsed rule and have a few suggestion that would help us all do a better job without people being miss lead. 1)Prospect having to wait seven days to register. I suggest to eliminate the waiting period for opportunities like Quixtar because we offer a money back policy if not satisfied. The Quixtar company has always done a great job of this for the start up pack and all products. 2)Requirement of giving a list of references with contact info. I suggest this reqirement be eliminated because it infringes on privacy just as you stated about this info. being posted on the FTC website. It may also penalize the sponsor and create challenges in proper registration. 3)Give every prospect a list of all lawsuits and other legal claims, regardless of whether or not the accusation was true. I suggest you eliminate the requirement to disclose past litigations, because this will do the opposite of your effort to create honesty and integrity in the sponsoring process. It will also open many door for false accusations and future headaches for honest companies, business owners and the FTC. The dishonest companies and business owners will simply ecnore this rule. Should we require businesses like WalMart to provide a list of ALL lawsuits at their enterance? I don't think that would be proper. 4)Make a different disclosure for every income claim. I suggest if disclosures are needed,simply require an easy to understand statement such as "average monthly gross income for active IBO's" I also suggest to be very conservative when stating income potention. 5)Requirement to provide personal financial document. I suggest IBO's should possess substantiation for any claim but should not be required to disclose it except when required by the FTC and similar state agencies in an agency investigation. Thanks for all you are doing in this manner because there are cases of people and business that mislead people. However, for the of the entire direct selling industry, please make it as simple and less burdensome for the people and opportunities of integrity. Thanks for the opportunity to share in this process! Have a Great Day!!