|Received:||6/7/2006 3:07:10 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been working on my home-based business, which is predicated on my involvement with several MLM companies, for over 6 years. Like most of my peers in the companies I deal with, I am not "getting rich", but I am dependent on the modest income I earn to make ends meet for my family. Further, I depend even more on the personal satisfaction I get from knowing that I am helping others with regard to not only the products that I sell, but also the business opportunity. Basically, I can show people who want to work, want to better themselves, and who also want to help others, that the American dream is still alive. I have dealt with many companies over the 6 years that I've been doing this; some reputable, some less so. But the ones that I would not recommend, usually fall of their own valition. There may be a desire to impose regulations to make it more difficult for these "less reputable" businesses to do business, however, in doing so you make it more difficult for everyone to do business, including me. It's hard to start a business and sustain it. Very small businesses like mine need the government to facilitate our success, not impede it. Companies that deserve this type of government "over-sight" will not thrive, they will get weeded out by market forces. They are not likely to comply with the proposed legislation, anyway. And so the real and ('m sure) unintended effect of this legislation will be to be create obstacles for legitimate (very) small businesses like mine. Since my business does not need any more obstacles to its growth, I am strongly urging against what amonts to over-regulation by the proposed legislation.