| Comment Number: | 522418-09998 |
| Received: | 7/15/2006 3:39:12 PM |
| Organization: | Vemma |
| Commenter: | Olga Kievitt |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Commissioners:, As a consumer of goods and services, I appreciate the work you do on my behalf and the behalf of all consumers. Thankyou. Regarding Business Opportunity Rule, R511993. I understand what you are trying to do but I think that rule falls short of your objective. A lot of the rules and regulations would stifle competition among legitimate companies, sales people and distributors. While the frauds that are out there would be unscathed as they scate through the labyrinth of paper work these rules would require. The proposed seven day waiting period would create an undue air of suspicion among prospects. It suggests risks that don't exist. My business offers an unconditional 30 day money back garauntee. There is no risk what so ever to the purchaser. I support the proposed earnings claim statement rule. But there are sham operators out there who will fabricate earnings claims and substanciate them with false documentation. So what does this rule really accomplish I ask myself. Thankyou for your time and attention. Sincerely Olga Kievitt