Subject: File No. S7-2026-13
From: Jay Crook

1. Reduce the proposed dollar threshold by half, $0.75B & $5.25B. 2. Phase these in over 10 years. 3. Streamline form PF. (Although most of the gen pub doesn't know what that requires). 4. Setup current filers on a 3-year cycle. Report year 1, 4, 7, 10, etc. 5. DO NOT allow PE to transfer any money into or out of ANY 401k, Roth 401, Fed or State pension funds, or taxpayer retirement accounts. (We supposedly have a retirement crisis and, let people enjoy THEIR money). It is not the taxpayer's problem that PE made risky bets and failed. Let them go bankrupt or require the investors in PE to take the loss. Again, it is not incumbent on taxpayers to bail out another financial screw up.