Feb. 23, 2023
Dear Sir/Madam, I am writing to express my support for the recently proposed rule change (File No. S7-24-23) that aims to modify the current framework for exempt securities offerings. As an individual investor, I believe that the proposed amendments will provide more investment opportunities for individual investors while ensuring adequate investor protection. In particular, I strongly support the emphasis on providing more comprehensive and transparent information to investors. The proposed rule change would require issuers to disclose more detailed information about their business, financial condition, and other important aspects of their operations. This is essential for individual investors like myself to make informed investment decisions and protect ourselves from fraudulent activities. Additionally, expanding the pool of eligible investors for exempt securities offerings would provide more opportunities for individual investors to participate in these offerings and help democratize the capital-raising process. Overall, I believe that the proposed rule change is a positive step towards creating a more efficient and transparent capital market. I urge the SEC to adopt these proposed modifications and continue to safeguard the interests of investors in the securities markets. Thank you for your consideration. Nick Mazzola