| Comment Number: | 522418-07692 |
| Received: | 7/11/2006 2:22:59 PM |
| Organization: | |
| Commenter: | Betty Griffin |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
July 11, 2006 This comes as a voice of dissent re: proposed rule R511993. This would have a negative impact on recruiting by placing an undue burden on Shaklee corporation, as well as, myself and my downlines. A significant burden in the proposed Rule is the potential requirement that each prospective distributor be given a disclosure document in the form prescribed by the FTC containing, among other info: *The name, address, and phone number of at least 10 purchasers located nearest the prospect *All legal actions during the past 10 years alleging misrepresentation, fraud, securities law violations or unfair or deceptive practices, regardless of whether the ruling resulted in guilt or innocence. * The 7 day waiting period for signing an application. Please consider this request an do not promote this ruling. Sincerely Betty W. Griffin