| Comment Number: | 522418-00918 |
| Received: | 6/5/2006 6:27:45 PM |
| Organization: | |
| Commenter: | Rochelle Blanton |
| State: | GA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am writing this letter because I am concerned that if proposed Business Opportunity Rule R511993 is adopted in its present form, my livelihood as a Nature's Sunshine distributor will be significantly affected. I have Just become an independent Distributor for this wonderful company. I have become very excited due to the fact that I can help others with their health as well as quick service due to the fast service NSP is abe provide without the precense of Business Opportunity Rule R511993. If passed Business Opportunity Rule R511993 will change this for good. Please don’t let that happen. We live in a society where everyone wants it yesterday, NSP can't quite provide that, but they have the fastest service of any one company I have ever been associated with in my 20 years of being self employed. PLEASE Don't let that change. The very thought of governmental interference in the free enterprise process strikes fear in the hearts of Americans everywhere. Cherished values are a stake, and the FTC needs to be aware of the dangers of ill-considered action. The public is not well served by the FTC's overregulation of an industry that is causing absolutely no harm and more than adequately polices itself by 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 exit the Company, if the business opportunity is not right for them. While the FTC needs to protect the public where necessary, this proposed rule is hopelessly 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. People buy TV's, cars, and other much more costly items without such a waiting period. This proposed waiting period gives the impression that something is wrong with the plan. And, 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 these actions, the FTC does a disservice to the consuming public and Americans everywhere who are trying to get ahead by starting their own business, or earning necessary 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. Most new accounts are Below a $ 100 purchase- is that so much to encroach on peoples freedom to have quick service? I don't think so, and can't see where any open minded individual can see that as something that needs to be regulated. PLEASE don't take this freedom away, don't pass Business Opportunity Rule R511993. Thank you for your time in considering my comments. Sincerely yours,