|Received:||7/17/2006 2:47:18 PM|
|Organization:||LIA SOPHIA JEWELRY, INC.|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I HAVE BEEN DIRECTLY "JUST JEWELRY" FOR 35 YEARS! I started when my three little boys were 2, 3, and 4 years old. It was a wonderful way to be a stay at home and earn enough money to take them to McDonald's once a week without taking money out of the food budget (reason for starting to sell). It has become a wonderful career helping to send my children to better schools and pay for college. I have personally recruited and trained hundreds of young women (and not so young) and watched their lives change. One young mother (w/ tears in her eyes) after a year of working said, "This is the 1st time ever I've never had a credit card bill. Thank you SO MUCH." Many ARE young moms that work this job to stay off welfare. Others are people who have full time jobs, but working this job ALSO allows them to be able to pay a 1st time mortgage. MOST join because they need money FAST AND if we told them they couldn't start right away because of a 7 day waiting period they wouldn't join. We are a very reputable company and in 35 years I haven't even heard the word "sue" attributed to us, so I think if we had to list any sort of "possible" litigation it's just one more "thing" that a young mom has to try to explain to her already leery husband about this "wonderful opportunity" she's interested in. As far as listing the nearest 10 advisors in any given area, other than the fact that's it's very scary "privacy wise", I feel it would open up the problem of unethical recruiting of someone that someone else had already interviewed. Also, our Company already offers that to an interested recruit. I so appreciate your trying to regulate my wonderful life-long business from corruption from other unethical groups, but I feel the proposed rule would unfairly target my "very legitimate" business that I've worked "so hard" to build.