| Comment Number: | 522418-10848 |
| Received: | 7/16/2006 11:10:05 PM |
| Organization: | USANA |
| Commenter: | Ben Brownsberger |
| State: | SD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
FTC, This proposal against network marketing and direct sales would essentially destroy the last frontier for the average American to create financial independence. Rather than unleashing your wrath on the industry as a whole why not target the issue at its source? Screen and review start-ups and create an approval system to keep the garbage companies out of networking and direct sales. On a personal note, I joined USANA Health Sciences, Inc in 2001 and have been living from the profit of my distributorship since 2002. I have used the success in my networking business to start a center for youth athlete development. This center would not have been possible without my USANA distributorship. If the proposed rules are put into place our great company will be wrongfully harmed. If you are truely about protecting the rights etc of American consumers then regulate who is allowed to be a networking company. Stop the problems before they start, by screening every network marketing start-up rather than hammer the whole industry for the sins of some get-rich-quick idiots. These rules will basically cause 5.5 years of my personal efforts to unwind and not do any favors for my athlete development center. I can only imagine the economic damage that this would cause nationwide if this proposal passes. I know that others have gone on at length about the privacy violations and unfairness of the legal disclaimers etc I too am fully against all that this proposition stands for. Finally, people have the right to choice whatever company they wish. They also have the ability to do their own due diligence in selecting a company. I did this in 2001 and partnered with a company which is widely considered the Gold Standard in both the Network Marketing and Nutritional Industries. FTC, again, if you really want to help, regulate the point of entry for a company into the network marketing industry. Do NOT hammer the whole industry, especially not established companies with perfect track records! PS The 10 day waiting period makes about as much sense as making someone wait 10 days to buy shares on any stock exchange! How about those who were recommended to BUY Enron at $90/share? Weird, that's more than the average distributor kit in network marketing...next thing we know if we want to buy a pair of NIKE's for more than $20 we'll have to wait it out 10 days? Get all the legal history of the company and contact info for 10 NIKE wearers in the area who are satisfied? Come on, this is the U.S.A. not the U.S.S.R.