| Comment Number: | 522418-12652 |
| Received: | 7/17/2006 11:24:22 PM |
| Organization: | |
| Commenter: | James Altop |
| State: | WA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear, Sir, or Ma'am After reading the Notice of Proposed Rule Making 16 CFR 437, I find that it would severly affect my business growth in a detrimental way. Firstly, having to wait 7 days to sign up in the Quixtar business plan is a detriment to the person who wishes to register and it implies an attitude that reflects distrust from the government for home based business. As for supplying references, this is a breach of privacy and could lead to an individual who begins a harassment program towards businessmen and women, as well as an avenue for identity theft. Providing information on 10yrs of legal claims is irrelevant and does not supply any real information that can be used by a potential business owner for determining if the person he or she is signing up with is an honest character. In making a disclosure for every possible income claim, there is no need to clutter up a simple single value, that is honest and easy to understand, of the average for gross monthly income from all IBOs. This is easily understood by the layman and businessperson alike, and covers a good legal understanding of potential profits. Disclosing personal profits should not be required. If a claim is made about a specific profit by a business owner, it should be substantiated. But only then. Sincerely James Altop