| Comment Number: | 522418-03062 |
| Received: | 6/17/2006 1:08:22 AM |
| Organization: | Xango |
| Commenter: | Harris |
| State: | NV |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
The FTC's Business Opp. Rule is a catastrophic mistake. While I applaud the thought of the FTC trying to protect everyone, this new rule crosses boundaries in which it has no business being. Come on now, what is the real true reasoning behind this? Why is it that a few bad apples have to spoil it for the rest of us who are descent, law abiding, honest, caring folk who's interests lie in helping others achieve better health and their piece of the American Dream along with our own piece? It makes absolutely no sense to give prospects all the names, addresses and phone numbers of all interested parties and exsisting distributors - what about their right to privacy? Does that mean I'd be handing out their information to every potential prospect I speak to? That would be hundreds and hundreds of people that now have someone's private information not intended to be strewn about. Oh sure, let's make it even more easier for the identity theives and telemarketers! Is that Do Not Call list going to help us now? It especially doesn't make any sense when one can receive a refund on any distributorship or product purchased! As justified by the FTC in 1979, "When the required investment to purchase a business opportunity is comparatively small, prostpective purchasers face a relatively small financial risk." Ok, how about NO risk because of a REFUND? Please HALT this incredible nonsense labeled R511993 (16 CFR Part 437) and reinstate the $500 exemption.