Subject: File No. S7-06-13
From: Rob McLennan
Affiliation: VP Finance, ParkWhiz, Inc.

August 19, 2013

While I support the goal of allowing startup companies greater freedom in soliciting investment, the proposed changes to Reg D actually undermine that goal. In particular, the onerous filing requirements, and mandatory 1-year "penalty" for accidental noncompliance -- which would likely bankrupt most companies facing such a penalty -- must be reduced or eliminated.