The following Letter Type A, or variations thereof, was submitted by individuals or entities.
Letter Type A:
Ms. Mary L. Schapiro Chairman, U.S. Securities and Exchange Commission
Dear Ms. Schapiro:,
Please help small businesses and ventures revive our economy and create more jobs by allowing more of us to invest in them without onerous regulatory burdens.
I support the petition for rule-making change #4-605 from the Sustainable Economies Law Center, a request that the SEC to allow individuals to invest up to $100 in a small securities offering. In fact, I suggest this limit be raised to $500 per individual.
At a time when banks are not making small business loans, this modest but timely change to SEC policy can help build local economies and strengthen the national economy in the process.
I urge you to act quickly to make a modest change that could be a big win-win for small, local businesses and other ventures as well as investors looking to strengthen their local economies.
Thank you for your strongest consideration of this petition.