| Comment Number: | 522418-01304 |
| Received: | 6/7/2006 2:39:25 PM |
| Organization: | PIoneer Herbs Independent Nature's Sunshine Distributor |
| Commenter: | Mary Pearsall |
| State: | NY |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sir , I am writing this letter because I am concerned that if proposed Business Opportunity Rule R511993 is adopted in its present form, my livelihood as a Nature's Sunshine distributor will be significantly undermined. I have just spent the last 4 years of studying to help others with my new NSP herb business. The very thought of governmental interference in the free enterprise process makes me feel sad and discouraged with the direction our country may be taking. Our country is supposed to be the land of the free and I fear our values are at stake, and the FTC needs to be aware of the dangers of ill considered action. The FTC's overregulation of an industry such as NSP which has an upstanding reputation and public repore, seems to be an insufficient use of valuable time. Nature's Sunshine has always been more than cooperative with my customers and has complied with all applicable buy back requirements. If I ever decided to leave the NSP business, all I need do is discontinue selling their products. It is the FTC's job to protect the public where necessary,however I feel this proposed rule is overly controlling and unnessary. The seven-day waiting period is unnecessary .Not only will it interfere with my ability to enter into lawful transactions and enroll new distributors, but it may interphere with our ability to help others in a timely manner. It may also deter others from seeking the wonderful opportunity for helping others as I have been able to do. People can buy cars,boats and other much more costly items without such a waiting period. This proposed waiting period gives the impression that something is wrong with the plan. I am not fond of paperwork but I love helping others.The idea of more burdensome paperwork, which will not even be read by the public, seems unnecssary with the already burdensome paperwork for any businesss. It seems it would easy for any individual participant to not fully comply and inocently neglect paperwork, thereby risking fines and other penalties for such failures !It seems the proposed rule will deter and discourage many Americans who are trying to get ahead by starting their own business, or earning necessary supplemental income to help support their family. While I appreciate the work of the FTC in protecting consumers, I believe this proposed new rule has many unintended consequences that could be avoided by a less burdensome approach.Please consider revising this rule. Thank you for your time in this matter. Sincerely yours, Mary E. Pearsall