August 19, 2013
Please consider CEO, Angel List, Naval Ravikant's points regarding the JOBS Act. Starting your own business from scratch is very difficult and takes an emotional and monetary toll on the person. If the SEC increases the barriers to entry, less innovation and calculated risk-taking will occur which will leave this country in an increasingly worse position as time progresses.
I would ask that you consider what the experts in the field are determining to be helpful rather than what non-experts think is helpful. Investing is a risk, and everyone knows this, or they learn it at least once. They know they should become educated before they invest. Again, follow the experts, and listen to what they have to say. They have more time, research, and money invested in this area than anyone else does, so it is safe to say they can make better judgments than the rest of us can.
Thank you.