Subject: File No. JOBS Act Title I
From: David Underwood

June 28, 2012

Please do everything in your power to alter or eliminate the ramifications of this act. Our Congress has simply opened the door for fraud all the wider while failing to substantially relieve any meaningful inhibitions on the development of business.

At the least, these companies should have to proclaim loudly and in all directions that they have declined to follow reasonable accounting rules and their insiders should not be able to sell shares prior to the adoption of rigorous, public accounting measures.

Thank you.