| Comment Number: | 522418-02317 |
| Received: | 6/15/2006 11:57:47 AM |
| Organization: | Cookie Lee Jewelry |
| Commenter: | Edna McCoy |
| State: | VA |
| 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 about a proposed Business Opportunity Rule R51193. I believe in its presnt form, it could prevent me from continuing as a Cookie Lee Consultant, resulting in a reduction in my family's income. Some of the sections of the proposed rule will make it very difficult if not impossible for me to sell Cookie Lee Jewelry porducts. One of the most concerning sections is the proposed rule that a person should wait seven days to enroll as a new consultant. Our initial business start-up costs are between $300 and $600 and that is a very reasonable amount to start ones own business. People make large puchases such as cars, boats, televsions, computers everyday and they do not have to wait seven days to take ownership of those large ticket items. This would hugely impact my record-keeping, prevent me from meeting incentive deadlines, and would cause people to wait unnecessarily to begin making money to support their families. How would you feel if you had to wait an extra week to begin a job which would help put food on the table? Huge impact! Finally, the proposed rule rquires the declosure of a minimum of 10 prior purchasers immediately preceding the current purchase. Does Wal Mart have to tell me who their last 10 costumers were? This is ludicrous and would be detrimental to the self employed direct seller. And do you not think this would contribute to the already rampant incidents of identity theft? I appreciate what the FTC does to protect consumers. However, I feel there has to be alternatives to this proposal that would not endanger my self employment as a jewelry consultant. Sincerely, Edna McCoy Cookie Lee Jewelry Consultant