Subject: S7-05-20 Regulation Crowdfunding
From: Aviz MacBook

Mar. 30, 2020

Dear Sir/Madam,

While I am very supportive of your proposed release 33-10763, in these
most unusual circumstances I urge you to revisit and increase the limit
of Regulation Crowdfunding from $1.07M to $5.0M as most all small
businesses have been very badly hit by the ongoing pandemic, and it is
unlikely they will see a return to normalcy in less than 9-12 months.

Most all of them will certainly need to raise additional capital to stay
afloat and not shut down permanently, destroying everything they have
worked so hard to achieve. Credit lines and availability of debt in the
next 6-12 months is also going to be difficult as the large lenders
themselves struggle to overcome this economic calamity. We must what we
can to help small businesses stay in business and continue to employ the
millions of people small businesses do all over the country.


Arvind Rao