| Comment Number: | 522418-07097 |
| Received: | 7/9/2006 10:53:26 AM |
| Organization: | Young Living Distributor |
| Commenter: | Paige Balling |
| State: | WA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
As a Young Living distributor, my focus is on promoting these quality products, not on the business aspect. The proposed rule is excessively restrictive. (1) The 7-day waiting period is unnecessarily burdensome. Young Living fully refunds initial purchases without question. (2) Releasing information about lawsuits is unfair when the company has done nothing wrong. There are too many "frivolous" lawsuits these days that are misleading. (3) Reference information should be provided to prospective distributors but releasing confidential personal information violates personal privacy and opens the door to identity theft. (4) Providing lists of cancelled distributors is an unrealistic burden on the company. (5) Please KEEP the $500 exemption. It's not necessary to add excessive regulations when the required investment is small and prospective purchasers are at a low risk. There may be companies that take unfair advantage of the multi-level marketing structure BUT please don't restrict these business opportunities from companies like Young Living who are conscientious and responsible. (6) I appreciate that the FTC works to protect consumers; however, I have faith in the intelligence of most people to investigate the company and make wise choices. Please do not burden the responsible companies and restrict the self-empowering business opportunities provided by companies like Young Living. THANK YOU!