|Received:||7/17/2006 8:38:44 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:In reference to the “Business Opportunity Rule, R511993” Thank you for this opportunity to voice my opinions and comments about the above proposed rule. I have been in several direct selling businesses, and I think it is a great type of business to be involved in. It gives me the flexibility I want and need to make extra income. I know that this rule is designed to protect consumers from fraudulent companies that may take advantage of them. However, I think it unfairly targets legitimate direct selling businesses. Please read my comments below. The Seven-day waiting period - a) is an inconvenience to those individuals who are anxious to participate, b) is an inconvenience to those that recruit on the road and c) is impractical and causes unnecessary delays. The Earnings Claims - a) is sometimes difficult to collect the required data and b) the companies that are not legitimate will provide inaccurate data, while the legitimate ones will. Needing References - a) this is very impractical and it may be difficult to find the “10 nearest existing sales people, b) presents privacy and safety issues and c) can lead to corporate liability for ID theft. Again, I appreciate the chance to give you my comments and I hope you will take mine and the many other letters you receive into consideration before putting this new rule into affect.