| Comment Number: | 522418-07057 |
| Received: | 7/8/2006 10:02:49 PM |
| Organization: | Xango |
| Commenter: | Vincenza Scancarello |
| State: | NJ |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To whom it may concern: I'm writing this letter regarding the proposed Business Opportunity Rule R511993. I understand that the FTC's responsibilities include protecting the public. However, the proposed rule will make it very difficult for me to sell our product. I became a distributor because the product is exceptional and I wanted to earn additional income for my son and me. I am a single parent and my family is supported through my direct selling business. Our future is dependent on the stability of the direct selling industry. The seven-day waiting period to enroll new distributors section of the proposed rule is burdensome. It also gives the impression that there's something wrong with the company and/or compensation plan. The proposed rule also calls for the release of any information regarding lawsuits. I think this is irrelevant unless the company was found guilty. Otherwise, it is unfair and the company looks bad even if hasdone nothing wrong. Finally, the proposed rule requires that we disclose a minimum of 10 prior purchasers nearest to the prospective purchaser. I would be happy to provide references but feel uncomfortable giving out personal information of individuals without their permission, especially with all of the identity theft incidences these days. I appreciate all that the FTC's does to protect consumers. However, perhaps there are other ways to achieve your goals rather than those proposed by this rule. Thanks for taking the time and considering my comments. Sincerely, Vincenza Scancarello