December 5 , 2010
Elizabeth M. Murphy
Office of the Secretary
U.S. Secruties and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Re: File 4-605
Dear Ms. Murphy:
The South Carolina Small Business Chamber of Commerce, a 5000+ membership advocacy organization, supports the Petition for Rulemaking filed by Sustainable Economies Law Center. The petition is to exempt securities offereings up to $100,000 with $100 maximum per investor from registration. Granting this expemption will be a great benefit to small businesses that have been shut out of the traditional lending process and give more funding opportunities for entrepreneurs and local businesses.
More information regarding our organization can be found at www.scsbc.org.
Frank Knapp, Jr.
President & CEO
The South Carolina Small Business Chamber of Commerce
1717 Gervais Street
Columbia, SC 29201