Subject: File No. S7-09-13
From: Kevin G Smith
Affiliation: Electrical Engineer

October 31, 2013

I am an electrical engineer and though I make a decent salary (over 100k/year) I do not qualify as an "accredited investor" under the current rules. I do stock and mutual fund investments on the side and have an above average net worth. I would like to invest a small percentage of my income each year in startups as part of my well devirsified portfolio. This rule change would allow me to do that. I support this rule change and request it be implimented.