Subject: File No. JOBS Act Title I
From: Tony C Caruso

June 27, 2012

I understand the call to action that is placed upon you by many Americans who are struggling in this economy but I urge you to resist allowing companies to take shortcuts by easing restrictions via the JOBS bill.

If we allow this to occurr it will only come back to bite us later in the form of fraud that will destroy precious capital.

As hard as it may be I urge you to act on principal and allow the markets to rise or fall without further juicing the system.

We need leadership that is willing to do the right thing instead of the expedient.