Subject: File No. S7-06-13
From: Danyal Mokhtarzada
Affiliation: CEO/Cofounder Webs

August 19, 2013

The new rules make no sense. Startups are operating day to day, they can't live in fear of having a conversation because they may be banned from financing for a year. Surely there is a better way to meet the needs of the SEC that works more in line with how startups which are very small teams of inexperienced entrepreneurs actually operate.