|Received:||6/12/2006 11:46:30 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
|Attachment:||522418-01953.pdf Download Adobe Reader|
Comments:Business Opportunity Rule R511993 could prevent me from continuing in my present business, making it very difficult to sell my products. The seven-day waiting period gives the impression that there might be something wrong with the plan. It does not make sense to disclose lawsuits unless the company is found guilty; otherwise we are put at an unfair advantage even though the company has done nothing wrong. Requiring a number of references from prior purchasers may be difficult since privacy and identity theft are a very big concern these days. I understand that there are fraudulent groups out there, but the FTC's proposed rule would unfairly target legimate direct selling businesses. There must be better alternatives to achieving FTC's goals.