Subject: File No. S7-07-12
From: Manuel Dayenian
Affiliation: Master Business Administration Master Project Management Graduate Student.

September 1, 2012

I oppose making any changes as listed in the "Eliminating the Prohibition Against General Solicitation and General Advertising in Rule 506 and Rule 144a Offerings".

Until a full and proper investigation is conducted and associated prosecutions are commenced, the very individuals that sent the United States into a second Great Depression are the very ones that will benefit to any changes made to the Eliminating the Prohibition Against General Solicitation and General Advertising in Rule 506 and Rule 144a Offerings.

Therefore, I oppose any changes.