| Comment Number: | 522418-02515 |
| Received: | 6/16/2006 12:44:40 AM |
| Organization: | PrepaidLegal Inc. |
| Commenter: | Joy Rogers |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Deaar Sir or Madam, I am writing this letter because I am concerned that if the proposed Business Opportunity Rule R511993 is adopted in its present form, my livelihood as a Prepaid Legal Associate will siginificantly undermined. The public is not well served by the FTC's over regulation of an industry that is causing absolutly no harm and more than adequately polices itself by remedying any and all complaints by media of the public. PrepaidLegal Inc. complies with all applicable requirements and always makes it easy for individuals to exit the Company,if the business opportunity is not right for individual. while the FTC needs to protect the public where necessary, this proposed rule is overboad and misquided. The seven-day waithing period is unessary and will interfere with ability to enter in lawful transactions and enroll new distributors. People buy TVs, cars, and much more costly items without such a waiting period. This proposed waiting period gives the impression that something is wrong with the plan. By this action FTC does a disservice to the consuming public and Americans everywhere who are trying to get ahead aby starting their own business, or adding necessary supplemental income to their families. while I appreciate the work of the FTC to protect comsumers, I believe this proposed new rule many unintended consequences that could be avoinded by the less burdensome approach. Thank you for your time in considering my comments. Sincerely yours, Joy Rogers