|Received:||7/13/2006 1:46:57 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:While i do support and endorse the goal to protect consumers from unscrupulous companies who are out to scam or defraud the public I feel a couple of points would negatively impact how we as legitimate direct sellers will be able to condust our business. I feel a seven-day waiting period would cast a negative light, create unnecessary and cumberson record keeping and penalize people from starting their business when they are ready. The nature of the business is that decisions are often made at the party and delaying that opportunity may put a cloud on that person's decision. Regarding getting references, the practicality of continually obtaining updates from the corporate office for a listing of 10 people closest to your position would be cumbersome at best. There is also the avenue of sharing confidential information at whim with a prospective consultant. This in itself could possibly give an unscrupulous person information that could come back and hurt a leader or existing consultant by defrauding them which is the very thing that this regulation started out to try to stop. I believe there should be safeguards for people in general, but I do not think that these proposed regulations will have that affect, I believe they will cause more problems and harm more people than is meant to do.