| Comment Number: | 522418-02898 |
| Received: | 6/16/2006 4:27:10 PM |
| Organization: | |
| Commenter: | Joy Davidson |
| State: | CO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom It May Concern: I am writing this letter because I am concerned that the adoption of proposed Business Opportunity Rule R511993 as it is written could significantly affect my ability to buy and sell Nature's Sunshine and Mannatech. The FTC needs to treat the American public like we are intelligent and informed people that are actually capable of making these types of decsisions. I, for one, have been making these decisions successfully and safely for 20 years. I do not need, nor do I want, government overregulation of an industry that is better served by an intelligent, infromed public than by government hand-holding.Nature's Sunshine, for example, complies with all applicable buy back requirements and always makes it easy for individuals to exit the Company, if the business opportunity is not right for them. While the FTC needs to protect the public where necessary, this proposed rule is totally unnecessary. The seven-day waiting period is unnecessary and a hindrance to an informed consumers. People buy TV's, cars, and other much more costly items without such a waiting period while the burdensome paperwork, which will not even be read by the public, makes it extremely difficult for the individual participant to fully comply, thereby risking fines and other penalties for such failures, however innocent. By these actions, the FTC would be doing a disservice to the consuming public and Americans everywhere who prefer alternative medicine for maintaining their health or treating health concerns. Thank you for your time in considering my comments. Sincerely yours, Joy C. Davidson