Subject: File No. JOBS Act Title IV
From: Robert J Tresslar
Affiliation: Title Company Data Provider, Property Tax Lien Investor

June 28, 2012

If Regulation A is going to be revived and become a meaningful source of capital for small business, it needs to provide the same preemption of the state Blue Sky Laws as Regulation D, rule 506.

I beleive this would also have to involve the comission defining a "qualified purchaser" as something different (less) than an "accredited investor".

If Reg A + dosen't represent a faster, less expensive way to access the market why would anyone use it?


Robet Tresslar