Subject: File No. S7-06-13
From: Bryan Edwards
Affiliation: Fresh Chairites

August 23, 2013

Raising investment capital is vital to the success of any startup. And the key with most startups are they are just starting out This means there is usually a shortage of business/legal knowledge and hiring experts to handle these legal issues is not usually an option.
I understand that it is important for new companies to raise funds responsibly - however, the rules being proposed would catch many off guard and don't seem to be addressing the right issues. Please don't make it harder for startups to seek out the funding vital to becoming a success.