| Comment Number: | 522418-01789 |
| Received: | 6/11/2006 9:13:13 PM |
| Organization: | |
| Commenter: | Loren Nipple |
| State: | PA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sirs, I am writing in concern to the Federal Trade Commissions (FTC) proposed new rule (Business Opportunity Rule, R511993) that will negatively affect the direct market selling industry, requiring companies to alter their sales methods and placing additional burdens on direct sellers in order to comply with federal law. 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. I am writing to respectfully requesting that you immediately stop this rule from being put into law. Sincerely, Loren A. Nipple