Subject: File No. JOBS Act Title I
From: Timothy Moynihan

June 27, 2012

As an individual investor I would like the SEC to ensure that investors like myself are protected from the increased risk of fraud that is the result of unintended consiquences due to the recent passage of the JOBS Act. I will use the example of the relaxed the ban on hedge fund advertising in this act which is the same thing the SEC did in 1992 only to roll back this change when they realized how much fraud it had unleashed.