| Comment Number: | 522418-07945 |
| Received: | 7/12/2006 1:48:40 AM |
| Organization: | Unicity Nwetwork |
| Commenter: | Judy Castaillac |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sir or Madam: I am writing this letter because I opposed the proposed Business Opportunity Rule R511993 as it is written. I believe that in its present form, it will prevent me working as a Unicity Distributor. I understand that the FTC’s needs to protect the public from “unfair and deceptive acts or practices.” However, this act will make it very difficult if not impossible for me to sell Unicity products. A Unicity sales kit for new Distributors costs $40 and the company has always offered a 100% buyback policy. For companies that do this, such as ours, a waiting period is unnecessary. This will also require extensive and cumbersome paperwork. Therefore, I oppose the 7-day waiting period in regard to our company. The proposed rule also calls for the release of any information regarding lawsuits involving misrepresentation, or unfair or deceptive practices. I feel that this should only be implemented if a company has been found guilty. Otherwise, it puts an “innocent” company is an unfairly negative light. Finally, the proposed rule requires the disclosure of a minimum of 10 prior purchasers nearest to the prospective purchaser. I am glad to provide references, but in this day of identity theft, I am very uncomfortable giving out personal information about individuals to strangers. People are very concerned about their privacy and identity theft. I believe that most people will refuse to give their informtion out to people they do not know. I appreciate the work of the FTC to protect consumers, but I believe this proposed new rule needs to be revised. Thank you for your time in considering my comments. Sincerely, Judy Castaillac Distributor with Unicity Network since 1996