September 18, 2013
I'm writing to express my concern regarding the proposed rules regarding the JOBS act's General Solicitation requirements.
I'm extremely concerned regarding the 1 year penalty, barring startups from fund-raising if they fail to comply.
I'm concerned regarding the filing requirements, for general solicitation, and requiring startups to provide legal boilerplate whenever they talk about their fund-raising.
I'd love for startups to be able to use 3rd parties to assist them in filing forms with the SEC digitally via computerized API.
I agree with the arguments discussed in these two letters.