Subject: File No. S7-06-13
From: Salim S Hemdani
Affiliation: VP of Software Development

September 3, 2013

I don't understand the need for boilerplate paperwork. Most of the technology start-ups are done by young entrepreneurs who don't have MBA or Law degrees.

Please don't put their brilliant ideas on a death row unless they understand and believe in your bureaucracy.

I thought JOBS act was about democratization of fund raising but after reading the details, it makes me think, raising money just got more complicated and risky.

Salim Hemdani