Comment Number: 522418-08522
Received: 7/12/2006 10:54:31 PM
Organization:
Commenter: Nicole Dyk
State: FL
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

Regarding Business Opportunity Rule R511993, I write to you as an independent distributor with Xango LLC a direct selling company. I am writing in support of your concern for the enforcement of ethical standards of conduct within the direct selling industry. But I respectfully ask that you review the specific concerns theXango LLC legal department has raised and submitted regarding the disclosure requirements. These requirements are designed to protect the public from scams, I understand. But they put a heavy burden on those of us who understand and respect the direct selling model. By requiring a 7 day waiting period, for example, I believe we would be telling the general public that there is danger in direct selling. While there are unscrupulous people in all walks of life, direct selling is an honourable profession. My personal business and the industry at large would be unfairly cast in a negative light, almost as if to say "guilty until proven innocent.". I know this is not the intention of this rule, so I respectfully ask that the parameters of the proposed Business Opportunity Rule be carefully reviewed and revised. Thank you for your consideration.