| Comment Number: | 522418-01847 |
| Received: | 6/12/2006 1:37:18 PM |
| Organization: | Nulife Nutraceuticals |
| Commenter: | Carol Kwek |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am writing this letter because of the proposed Business Opportunity Rule R511993 I believe in its present form will prevent me from doing my business as a distributor. The seven day waiting period is silly and not realistic. Our company has a 90% buyback policy for 12 months. And as for the litigation information. It is unfair because America is lawsuit happy. Most lawsuits now are just plain frivilous. Finally the disclosure of 10 prior purchasers is going against all peoples personal concerns about identity theft. I have been a Distributor of health products for more than 10 years. I started because of health issues for myself and my husband. It started with some extra money and now as a former schoolteacher my family depends on the extra income to live. I appreciate the work of the FTC to protect consumers,but I believe this new rule has many unintended consequences and that there are less burdensome alternatives available in achieving its goals.