| Comment Number: | 522418-09659 |
| Received: | 7/14/2006 10:08:27 PM |
| Organization: | |
| Commenter: | Kathleen Comstock |
| State: | CO |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear FTC, I have been in business for 15 yrs.I believe in Network Marketing, I believe home based businesses that can result in residule income. It has been a great way to help others and earn an income. I appreciate your protective priorities, but I have some concerns for the impact this will have on legitimate direct selling businesses. I know there are fradulant groups out there but this rule will unfairly target legitimate direct selling businesses. A seven day waiting period casts a negative biew on the direct selling plan. I feel this is impractical and will cause delays and problems with administration. The elimination of the 500 business threshold forces the majority of direct selling companies to comply with other provisions of the proposed rule that are more appropriate for businesses requiring a greater investment than a direct selling sales kit. The litigation reporting is unfair in that it doesn't distinquish between the lawsuits that win and those that lose. I think this is irrelevant. With earning claims it is difficult to collect all the required data . I believe that legitimate companies will provide the data but the ones that are not legitimate will not. As far as references go there are privacy and safety issues, along with corporate liability for ID theft. It is also impracticle to findthe 10 nearest existing sales people. Thank You, Mrs. Kathleen Comstock