| Comment Number: | 522418-10706 |
| Received: | 7/16/2006 9:12:24 PM |
| Organization: | |
| Commenter: | Nancy Collier |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear FTC, I am writing in reference to the "Business Opportunity Rule, R511993". I have been in the direct sales business for about 10 years now, and really enjoy the opportunities to meet and work with many wonderful people while conducting a business that genuinely helps people improve their lives and the lives of their loved ones! I appreciate the FTC trying to protect the consumer, but I am concerned that this new rule will unfairly hurt legitimate direct selling businesses! The seven-day waiting period is impractical and casts the direct selling plan in a negative light! The elimination of the $500 business threshold forces the majority of direct selling companies to comply with other provisions of the proposed rule that are more appropriate for businesses requiring a greater investment that a direct selling sales kit! The earnings claims are going to be difficult to collect required data, and irresponsible, bad companies will not give accurate data anyway; while our ligitimate companies will! Finding the "10 nearest existing sales people" is truly impractical, not to mention it raises privacy and safety issues!!! Thank you for seriously considering these issues and not adopting this rule that could wipe out a legitimate industry that has provided over 13.6 million individuals the opportunity to start their own wonderful businesses! Sincerely, Nancy Collier