| Comment Number: | 522418-04907 |
| Received: | 6/28/2006 6:45:52 PM |
| Organization: | S & S Enterprises |
| Commenter: | Ilean Sullivan |
| State: | UT |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
June 28, 2006 To Whom it May Concern: We are writing to express our concern over the proposed FTC rule changes affecting the direct selling industry. We have been involved with the Quixtar Corp and Amway Corp for 11 years, and have been very grateful for this business opportunity. It is a great entry level business that provides a level playing field with equal opportunity for everyone. We have built the business to a platinum level and are continuing to build it to provide for our financial goals. 1. The 7 day waiting period would seriously hamper our ability to build our business, slowing momentum and growth. Whatever you envisioned this would solve, it is our guess, would not. 2. Disclosing all legal allegations, lawsuits, etc would be an impossibility as there could be thousands, if not more that could be shown by your definition. We live in a litigious society with many frivolous lawsuits, and the number of lawsuits does not reflect whether a company is bad or good. 3. Most of these rules would be considered unconsitutional as you are singling out one industry and you are not requiring the same from all businesses. Ex. My husband works for a drilling company. They do not have to wait 7 days to do business with another company. They do not have to provide a listing of lawsuits to their prospective clients. Why should the direct selling industry be any different. We have one suggestion--Have an online listing of companies that have been approved by the Better Business Bureau or some other agency. These companies, having passed a certain criteria would warrant approval. It would be a simple step for prospects be directed to this site, to check out the company and its qualifications. This site would have a high standard and reputation, and people could count on it giving them the best information. It would also serve as a benchmark that all legitimate companies would want to be associated with. If some company didn't have this stamp of approval, the prospect would be forewarned. You cannot create enough laws or rules to keep a company honest, moral, and ethical. Neither should you ignore wrongful behavior. But, those same laws and rules should not be used to penalize good, moral, ethical businesses that are legitmately doing buisiness. Free Enterprise should be the rule, with minimun intervention, and the freedom to grow and expand. Thank you. Doug and Ilean Sullivan