| Comment Number: | 522418-00901 |
| Received: | 6/5/2006 5:40:24 PM |
| Organization: | Herbtime |
| Commenter: | Karyl Sellinger |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sir or Madam, I am writing this letter because I am concerned that if proposed Business Opportunity Rule R511993 is adopted in its present form, my business as a Nature's Sunshine distributor will be significantly affected. Governmental interference in the free enterprise process is scary to most Americans. Our cherished values are a stake, and the FTC needs to be aware of the dangers of this action. The American people do not want the FTC's overregulation of an industry that is causing absolutely no harm and has its own polices in place to remedying any and all complaints by members of the public. Nature's Sunshine complies with all applicable buy back requirements and always makes it easy for individuals to leave the Company, if the business opportunity is not right for them. While the FTC needs to protect the public when it is necessary… BUT this proposed rule is extremely overbroad and misguided. The seven-day waiting period is unnecessary and will interfere with my ability to enter into lawful transactions and enroll new distributors and the proposed waiting period gives the impression that something is wrong with the plan. The burdensome paperwork, which will not even be read by the public, makes it extremely difficult for the individual participant to fully comply, thereby risking fines and other penalties for such failures, however innocent. By the above actions, the FTC does a disservice to the consumer and ALL Americans who are trying to support themselves by starting their own business, or earning supplemental income to help support their family. While I appreciate the work of the FTC in protecting consumers, I believe this proposed new rule has many unintended consequences that could be avoided by a less burdensome approach. Thank you for considering my comments. Sincerely yours,