| Comment Number: | 522418-00044 |
| Received: | 5/16/2006 1:46:36 AM |
| Organization: | Nikken |
| Commenter: | Robert Walker |
| State: | Not in the US |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I understand the FTC feels a need to protect consumers by fighting against unfair and deceptive acts or practices -- but it must also encourage and support home-bases businesses such as MLMs. For this is the heart of "American" freedom. Or should I say, "The American Dream!"? Any reputable business entity (such as Nikken) provides full disclosure of realistic earning potentials, has a fair and equitable return/refund policy and if it doesn't -- it won't be in business long. The consumer is much wiser today choosing the Network Marketing company it hopes to join. In fact the consumer "shops around" for the right upline in that company. I see the ideas proposed not only becoming ackward to doing business -- but being burdensome to the very consumer it is out to protect. Let the industry "police" itself. With "bad apples" being aired on the nightly news for all the world to see -- how could "more regulations" be as effective? The FTC should let it go...