| Comment Number: | 522418-13213 |
| Received: | 8/31/2006 8:14:25 PM |
| Organization: | |
| Commenter: | Michael Krugman |
| State: | NE |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am writing because I feel that many of the new proposals make sense. I know there are several Quixtar IBOs who will be impacted by this, but I feel it is in a good way. In my experience far too much deception takes place when Quixtar IBOs are trying to sign up new prospects. Having rules in place that would force those IBOs to disclose important information can only be a good thing. With the vast amounts of people getting financially hurt in these kinds of organizations it is time for some changes and I believe this is a step in the right direction.