| Comment Number: | 522418-01583 |
| Received: | 6/9/2006 12:32:53 PM |
| Organization: | Young Living Essential Oils |
| Commenter: | Elizabeth Cole |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Pertaining to “Business Opportunity Rule, R511993” I am a YLO distributor and have concerns about this ruling. 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 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. The FTC wants to limit my rights to conduct a legal business.