| Comment Number: | 522418-01603 |
| Received: | 6/9/2006 2:18:03 PM |
| Organization: | |
| Commenter: | Mary Whisenhunt |
| State: | IN |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
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 distributors, a time-consuming sign-up and disclosure process that may lead to unrealistic criminal prosecution, and the increase of expenses for both company and distributor, among several other adverse effects, especially in light of an investment of less than $500. This proposal seems outrageouly over zealous as a consumer protection action. I oppose it.