|Received:||6/8/2006 7:41:30 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:The consequences of the proposed requirements include unnecessary alarm about the legitimacy of companies and their compensation plans, a gross violation of privacy of all distributors, a time-consuming sign-up and disclosure process that may lead to enthusiastic prospects losing interest, and the increase of expenses for both company and distributor, among several other adverse effects. Under the new rule, several requirements will be initiated that will be oppressive and burdensome for both company and distributor alike. In fact, it will be easier to buy furniture, appliances, automobiles costing thousands of dollars?it will even be easier to buy a hand gun or assault rifle?than it will be to join a multilevel company. The proposed seven day waiting period between receiving the disclosures and enrollment would likely cause a potential distributor to lose their enthusiasm for joining your company.The costs of complying with the requirements would increase expenses to the company which may be passed on through the selling price of goods or services we offer.In fact, the very nature of this ruling is evidence that the FTC does not truly understand that the vast majority of distributors conduct business ethically and honestly every day and that such a ruling threatens the livelihood of these individuals.