| Comment Number: | 522418-01642 |
| Received: | 6/9/2006 5:30:55 PM |
| Organization: | Creative Health, LLC |
| Commenter: | Teresa Ballenger |
| State: | SC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
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. The public is not well served by the FTC's overregulation of an industry that is causing no harm. This company more that adequately policies itself by remedying all complaints by the public. Nature Sunshine complies with all applicable buy back requirements and makes iti easy for individuals to exit the company if the company or business opportunity is not right for them. The proposed rule is misguided. The seven day waiting period will interfer with my ability to enter into lawful transactions and enroll new distributors. This waiting period gives the impression of wrong doing. The paperwork is huge and makes it difficult for the participant to fully comply, thereby risking fines and penalties. Through these actions, the FTC does a disservice to the consumers and Americans everywhere who are trying to get ahead by starting their own business, to 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 role. Thank you for your time. Sincerely, Teresa Ballenger