| Comment Number: | 522418-11644 |
| Received: | 7/17/2006 2:04:59 PM |
| Organization: | Wellness International Network Ltd. |
| Commenter: | Jaya Kasturi |
| State: | IL |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Re-Business Oppurtunity Rule R511993 Dear Sir, I AM CONCERNED THAT IF PROPOSED RULE R511993 IS ADOPTED IN ITS PRESENT FORM,THE LIVELYHOOD OF INDEPENDENT DISTRIBUTORS OF MANY BUSINESSES SUCH AS WELLNESS INTERNATIONAL NETWORK LTD. WILL BE SERIOSLY COMPROMISED. tHERE IS NO NEED FOR NEW RULES OR REGULATION.CONSUMERS ARE WELL PROTECTED BY FTC'S EXISTING RULES. THE SEVEN-DAYWAITING PERIOD IS UNNECCESSARY AND HAMPERS MY ABILITY TO ENROL NEW DISTRIBUTORS INTO LAWFUL TRANSACTIONS.PEOPLE BUY CARS AND OTHER COSTLY ITEMS WITHOUT ANY WAITING PERIOD. BY ADOPTING THIS NEW RULE.,THE FTC IS DOING A DISSERVICE TO THE CONSUMERS,ESPECIALLY TO US AMERICANS EVERYWHERE WHO ARE TRYING TO GET AHEAD BY STARTING THEIR OWN BUSINESS OR EARNING SUPPLEMENTAL INCOME TO HELP SUPPORT THEIR FAMILIES. ISTROGLY BELEIVE THI PROPOSED NEW RULE WILL HAVE SUBSTANCIAL NEGATIVE CONSEQUECES THAT COULD BE AVOIDED. I THANK YOU FOR CONSIDERING MY COMMENTS.