7.16.2006

My Comment


Here is a copy of the comment letter I submitted to the Federal Trade Commission. Realizing that there are several form letters in circulation, I opted to comment without a point-by-point articulation.
David Stone
(address removed)
Dave_S@mlmtoday.info

Dear Sir or Madam:
I am writing this letter because I am concerned about the proposed Business Opportunity Rule R511993. I believe that in its presented form, it could prevent me from continuing as an independent business owner and destroy my small business.
I have been an independent business owner in Network Marketing for almost 9 years. During this time, I have represented several different marketing companies. I have also been fortunate enough to have held an executive position with one networking organization. I have also spoken at training seminars, publish and contribute to several online journals on topics related to home business.

Originally, I started my Network Marketing enterprise for access to exclusive and exceptional products that would also allow me to earn some additional money. Now my family, along with other families within my company, is dependent on this extra income to supplement our budget. For many people, a home business in Network Marketing provides an ethical and viable means of income, the ability to contribute to the community at large, to exercise more control to affect the quality of life for themselves and others, and, for some, a home business represents a last hope. Please don't destroy my ability to provide this hope to others. It is sorely needed, perhaps more today than ever.

In my opinion, the component sections in the proposed rule would make it hard or almost impossible for me, and others, to market my products (and - or services).
With all due respect to the challenges faced by the Commission, the Board members and regulators, the adoption and inclusion of the Business Opportunity Rule R511993 and the proposed component sections will produce profoundly negative and irreparable consequences. I join others in the profession with their concerns regarding the impact the proposed action.

There already exists a history of FTC enforcements actions which demonstrates that the Federal Trade Commission has the current authority, mandate and capability to attack fraudulent and deceptive practices.

Sincerely,

David Stone


Update:Here is the link to the FTC Public Comment section on the Business Opportunity Rule R511993. This list is current only through June 30, 2006.

2nd Update:After viewing the list of current comments at the FTC site, there are 1527 comments recorded. My comment tracking number is 522418-10490. If I read it correctly, that would suggest there are nearly 10,500 comments on file. If you intend to weigh in, the opportunity to comment ends tomorrow, July 17, 2006.

2 Comments:

Blogger Aaron Cook said...

Hey Dave,

I don't have your email, so this is the only way I know how to contact you...

I was checking comments on Ty's mlmblog.net blog and noticed that one of yours had a mistyped URL...
http://mlmblog.typepad.com/blog/2006/07/the_quixtar_too.html#comments

It goes to mlmtoday.blogPSOT.com instead of mlmtoday.blogSPOT.com.

Don't know if you can corrtect it or not, but wanted to let you as it goes to some "AmazingBibleStudies" website instead of your blog. Perhaps Ty can edit it?

Take care,
Aaron

PS: Just delete this comment once you get it. ;)

PPS: Just put a post about you up on my blog. You deserve it.

July 17, 2006  
Anonymous Anonymous said...

My partners and I have just started up a leads business and would like to let you in on a deal. All one time orders on selected leads at http://www.betterbuisinessreferral.com/Special.htm
Receive a 5% discount by entering the discount code "firsttime" Don't delay these are great leads at great prices.

Sincerely,
Joe Lopez
Vice President Better Business Referral, LLC.
6555-161 Old Lake Wilson Rd. Davenport, Fl. 33896
(863)558-1941

July 20, 2006  

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