Subject: File No. JOBS Act Title I
From: Sibbett F Sapp

June 29, 2012

I agree with Motley Fool that we do not need laxity in the supervision of startup companies in the US. To wit, China has shown us recently how easy it is to foist fraud and lack of sincerity in Market reports.....

I urge you to rethink the implications of unsupervised financial schemes without undoing what was your intended positive purpose of the making it easy to start new ventures...