| Comment Number: | 522418-10834 |
| Received: | 7/16/2006 11:02:49 PM |
| Organization: | |
| Commenter: | Paul Okpokowuruk |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Re: Business Opportunity Rule R511993 Dear Ladies/Gentlemen at the FTC: My family was introduced to direct selling of a health beverage about a year ago. We signed up the same day our friend shared this opportunity with us. I understand that the proposed FTC rules is intended to protect people from fraud. But in doing so you are about to deprive me of a wonderful business opportunity and a source of income for my family. The crooks you are targeting are are just going to falsify more documents and data while legitimate operators in my business will be greatly hurt. I am most concerned about the seven-day waiting period, the earnings claims data and having to provide references to prospects. The seven-day waiting period will cast my business in a negative light, cause unnecessary delays and is just impractical. It will be almost impossible to collect the required earnings data while the crooks will still be able to make up false information. It is just impractical that I would be able to find 10 nearest existing sales people to provide as references when I go to other parts of the country. Also this presents privacy and safety issues for people. I know for sure that if these rules had been in a place a year ago I would most likely not have my business today. I hope you will kindly consider my letter and do not implement these new rules. Sincerely yours Paul Okpokowuruk