| Comment Number: | 522418-00462 |
| Received: | 6/2/2006 5:14:45 AM |
| Organization: | Nature's Sunshine |
| Commenter: | Catherine Houba |
| State: | FL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sir or Madam, 2 June, 2006 My purpose in writing this letter is to advise you of my concern that if proposed Business Opportunity Rule R511993 is adopted in its present form, my livelihood as a Nature's Sunshine distributor will be in jeopardy. The very thought of governmental interference in the free enterprise process strikes fear in the hearts of Americans everywhere. This demonstrates overregulation by the FTC of an industry that is not doing any damage to anyone and one that thoroughly investigates all customer complaints. It has been my experience that Nature's Sunshine complies with all buy-back requirements and always makes it easy for individuals to exit the Company, if the business opportunity is not right for them. There are many areas where I feel that the FTC is proposing rules that are not necessary. One is the “seven-day waiting period” which I find to be unnecessary and will interfere with my ability to expand my business. Consumers buy many more costly items without such a waiting period. This proposed waiting period intimates that something is wrong with the plan and the paperwork required puts a great burden on small business people like me. By these actions, the FTC would cripple the efforts of those of us who are trying to get ahead by starting our own businesses, or trying to earn necessary supplemental income to help support our families. The FTC does an important work in protecting consumers, but I believe this proposed new rule has many loopholes that could be avoided by a less demanding approach. I appreciate your taking the time to read this. Sincerely yours, Catherine.Houba Nature’s Sunshine distributor