| Comment Number: | 522418-01795 |
| Received: | 6/11/2006 10:52:03 PM |
| Organization: | |
| Commenter: | Michelle Davis |
| State: | TX |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Commission, Please consider changing this rule. As a direct sales person I find it hard to believe that you would require a person's name, address, phone, e-mail to be in some published form. This really takes away the privacy rights of me and others across the nation. Here are some of my other concerns: The required disclosure and earnings statements and the required list of all distributors who have cancelled their distributorship in the previous last two years may cause the sponsoring process to become cumbersome and difficult. These requirements may create unnecessary alarm and concern about the legitimacy of the profession and your business opportunity to prospective distributors. The proposed seven day waiting period between receiving the disclosures and enrollment would likely cause a potential distributor to lose their enthusiasm for joining your company. The costs of complying with the requirements would increase expenses to the company which may be passed on through the selling price of goods or services we offer. Thanks for considering this change. Michelle