| Comment Number: | 522418-00126 |
| Received: | 5/31/2006 10:47:22 PM |
| Organization: | Mannatech |
| Commenter: | Barbara Gray |
| State: | MO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am writing to offer my opposition to Business Opportunity Rule R511993. I believe the 7 day waiting period is unnecessary since we give our customers plenty of good reliable information to make an educated decision from the beginning .Th tigation rule would be unfair to Mannatech since it makes no stipulation whether the company was found guilty or not. The places an unfair advantage even though the company did nothing wrong. In regard to providing references, I feel this would hurt the business of over 13 million Americans involved in direct sales. I am glad to provide references, but in this day of identity theft, people will be reluctant to have their information shared with total strangers without their permission. I really have a problem with the phrase "if you buy a business opportunity from the seller, your contract information can be disclosed in the future to other buyers." This is definately a breach of privacy and I believe would hurt our business. I have the utmost respect for my customers and their privacy and would not want to put them in jeopardy of being taken advantage of. I have been associated with Mannatech for over a year, and believe they have very high standards of how they market their products, and I will always try to follow their lead in taking care of my customers. I appreciate the hard work of the FTC in protcting consumers, but I believe this proposed new rule goes too far and has many unintended consequences. I'm sure there are better ways to achieve its goals. Thank you for your time and consideration of my opinion. Sincerely, Barbara L. Gray