October 8, 2010
Here are my comments in regards to the petition for rulemaking change #4-605:
I am writing in support of this proposal. I believe that the rule change will galvanize the emerging community supported entrepreneurship movement. It will provide straightforward, accessible capital for growth and create main street jobs while offering the limits necessary for investor and entrepreneur protection.
Although the proposal discusses these assertions in more detail, I would like to stress that now is the time to facilitate crowdsourced funding for three reasons:
I am an ardent believer that commerce and community building go hand in hand. This exemption will funnel much needed capital towards small businesses, providing positive benefits in local communities and beyond.
Sincerely,
Christine Kahm, MBA 2011
Presidio Graduate School
San Francisco, CA