| Comment Number: | 522418-01953 |
| Received: | 6/12/2006 11:46:30 PM |
| Organization: | |
| Commenter: | Mathews |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| Attachment: | 522418-01953.pdf Download Adobe Reader |
Comments:
Business Opportunity Rule R511993 could prevent me from continuing in my present business, making it very difficult to sell my products. The seven-day waiting period gives the impression that there might be something wrong with the plan. It does not make sense to disclose lawsuits unless the company is found guilty; otherwise we are put at an unfair advantage even though the company has done nothing wrong. Requiring a number of references from prior purchasers may be difficult since privacy and identity theft are a very big concern these days. I understand that there are fraudulent groups out there, but the FTC's proposed rule would unfairly target legimate direct selling businesses. There must be better alternatives to achieving FTC's goals.