Subject: File No. S7-06-13
From: Kevin Martin

July 22, 2014

I am writing in support of the comment submitted by Kiran Lingam from SeedInvest on 7/8/14 that advises against raising accredited investor requirements. I would suggest instead to establishing other certification criteria that would allow a broader but still well educated group of investors to participate in the expanding area of alternative investments such as early stage startups, crowdfunded real estate, oil & gas, and peer-to-peer lending.

The Internet now makes it easier, not only to find and research these alternative investments, but also monitor the activities and status while communicating with other investment participants.

As a 50 year old, I am concerned about having enough for retirement. While I participate in my employer's 401k, I am looking for these alternative investment options. I have been frustrated to learn that my household income is just under the current requirement that would allow me to participate.

The existing accreditation rules are contributing to the growing wealth gap in the U.S. Raising these standards will only make it worse. Please consider not only NOT raising the accreditation requirements but going further and allowing a larger group of investors to participate in the opportunities that could ultimately reduce our country's dependence on Social Security for retirement income.


Kevin Martin