Subject: File No. JOBS Act Title I
From: Patricia Hegger

July 1, 2012

Please do not lower the standards for hedge funds and IPO's. I trust what Motley Fool says and if they say the JOBS act will result in fraud, I believe them. Please protect the small investor and do not lessen regulations that will result in fraud. We need protection. There are too many people who will work to find a way to hurt the small investor. They do not care. I hope you do.