| Comment Number: | 522418-01181 |
| Received: | 6/6/2006 7:09:58 PM |
| Organization: | Blue Enterprises-Independent Distributor for Synergy Worldwide |
| Commenter: | Elizabeth Blue |
| State: | NV |
| 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 you this letter because I am concerned that if the proposed Business Opportunity Rule R511993 is adopted in its present form, my livelihood as a Synergy Worldwide distributor will be negatively impacted. I have been a distributor for Synergy Worldwide for one year. I have enjoyed the opportunity that Synergy Worldwide has given my household of extra supplemental income and the goal of reaching my dream of having my own business. Being a distributor has increased my confidence, my public speaking skills, making new friendships and taught me how to run a business. Synergy Worldwide 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 I understand the FTC needs to protect the public where necessary, this proposed rule is 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 high ticket items without a waiting period. This proposed waiting period gives the impression that something is wrong and that what they want to participate in is wrong. When I speak to people about Synergy Worldwide products or the opportunity they are always given a choice whether to buy products or start this opportunity as a business for themselves or not to. I feel that is rule especially punishes people who want to buy the products or start up their own business right now for the people who don't have the ability to say no. Also, these proposed rules will add to burdensome paperwork, which the public will not try to read, makes it extremely difficult for the individual participant to fully comply, thereby risking fines and other penalties for such failures, even if they are by mistake. By these actions, the FTC does a disservice to the consuming public and Americans everywhere who just want the amercian dream to own their own business, or adding necessary supplemental income to their families-like I have with my household. While I appreicate the work of the FTC to protect the consumers, I believe that this proposed new rule will have a negative impact for consumers and distributors. I hope you will consider working with the direct selling association along with your team at the FTC to find a better solution for consumers and distributors. Thank you for your time in considering my comments. Sincerely,