|Received:||5/31/2006 3:34:29 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I am very concerned about this proposal as it may lump good, honest companies with the bad therefore penalizing and making it hard on those companies and individuals that are operating their businesses by the rules already set forth. The seven day waiting rule gives the consumer the impression that our company may be dishonest and I see no need for it when our company already has a 90% buyback policy for kits bought in the last twelve months. People buy way more expensive items from other companies and are not required to wait seven days. Under this waiting period I will have to keep very detailed records of everyone I speak with and send in many reports to my company. I will also be required to give information about lawsuits... I don't mind that, but even if the company is found innocent I still will be required to give this info. In this day and age a company can be sued for just about anything, so it doesn't make any sense to me that I would have to disclose a lawsuit unless they were found guilty. The main thing I do not feel comfortable with is having to disclose the personal information of my prior customers to a new potential customer. With identity fraud being so rampant these days that's the last thing I would think would be required of a company or individual business owner to do by the FTC.. this is about protecting the consumer. I seriously think that this proposel is very burdensome on the small business owner and direct sales particularly. I think an alternative proposal can be reached that will weed out the dishonest and deceptive companies, but benefit the consumer as well as the honest companies/individual business owners who are just trying to provide for their families all the while doing things by the book.