Comment Number: 522418-04179
Received: 6/25/2006 9:58:24 AM
Organization: Vemma
Commenter: Julie Patchett
State: IL
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 to address the new business opportunity rule that has been recently proposed. I am new to the direct selling business. I started approximately 2 months ago. When I was first approached about becoming a direct seller I was a little apprehensive, but very excited to get started. While I understand and appreciate your desire to protect consumers from fradulent groups, I believe that if I had been told that I had to wait 7 days to purchase my product I would have lost a lot of momentum in the beginning. Aside from how that wait would have affected me as a distributor; it would also make any other person that I approached about joining me suspicious. I would assume that they too, would not want to wait. They would want to get started immediately and would not understand why they would have to wait 7 days to purchase product. I just think this would create unnecessary delays for people who are excited about joining a legitimate company. It is also not practical for me to be required to give a list of 10 nearest references. I would be happy to give people the names of people that I was aware of, but I may not be aware of everyone in the immediate area. This would mean that the company would have to supply that information to me and it could open up liabilities to our company for ID theft. It would also invade the privacy of my consumers who may not wish to be contacted repeatedly with questions and concerns. I have only addressed a couple of issues that I have with this proposed rule, but I am against it being passed. I understand that there are fradulent groups out there, but I feel that this particular rule unfairly targets all legitimate direct selling companies. We cannot punish all to stop a few. I thank you for taking the time to hear my concerns. Sincerely, Julie Patchett