|Received:||7/10/2006 1:49:16 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:Dear FTC: I am currently a member of Market America, which is also a member of Direct Selling Association. I have heard of the recent proposed rules regarding the direct selling industry and would like to express my concerns over the proposed rules. I understand there should be regulations regarding specific industries such as direct selling to the financial service industry. But, over regulation not only cannot protect ordinary people as it originally intent to do, as there will always around the rules (There is a will, there is a way.), it will also increase the burden of majority of the honest people do this job for an honest living. I believe the rules as it is currently proposed are overly excessive. It dramatically increased the administrative burden for a small, home based direct seller. Some could be right out prohibitively burdensome. One example will be to disclose personal information of current and past distributors to prospective distributor. Finding a job don’t even required this many reference. Another example would be the 7-day waiting period before any potential distributor signs a contract or money is due. I believe this is overly prohibitive as compare to other service industries, including but not limited to, financial services, communications and real estate and mortgage. Please carefully consider your proposed rules as if they are properly crafted, they will help a legitimate business grow and mutually beneficial to both the distributors and their clients; if the opposite is true, the rules can kill a bona fie services industry and lead to loss of millions of jobs. Thank you for your consideration.