| Comment Number: | 522418-10124 |
| Received: | 7/15/2006 7:07:11 PM |
| Organization: | |
| Commenter: | McConnachie |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I am degreed in Business Marketing and have been blessed with success working for Fortune 500 companies. In the 15 months that I have been in direct selling I have learned presentation skills and training, human behavior and leadership that is unmatched compared to the 15 years I was in the so-called "corporate" world. Direct selling allows me to be at home with my children, which, as a single parent, I see as not only important but necessary if I am to raise children who will be a benefit to society rather than a menace to society. As a single mom, if I was to work a 9 to 5 for the rest of my days, I would not be allowed to leave early for soccer practice or leave to go read in my children's classes. Direct selling gives me a sense of satisfaction and income while allowing me to contribute to my children's education. I'm concerned about the requirements for references. References are not required when you buy a home or a car, both of which are inherently riskier than a small investment in direct selling and has the potential of being far more tragic financially. With identity theft on the rise and private and confidential information being leaked in error, people do not want to share their personal information voluntarily, especially to people they don't even know, have never met, and who might choose to not join their company. It is completely unsafe and references are no guarantee that a company or product is the right investment for them. I can totally appreciate your desire to minimize risk, but if you're not risking you're dead (or you might as well be). Life's decisions are a choice from moment to moment and it is up to each individual to do the necessary research before taking on any investment opportunity. It only takes one bad apple to spoil the whole bunch and your requirements are making all the good guys pay a price for those who don't play by the rules. Please reconsider this requirement.