Subject: SEC Proposes to Update Accredited Investor Definition to Increase Access to Investments
From: Chris Ludwig
Affiliation: Ludwig Klewer & Rudner PLLC

January 15, 2020

Hello:

I have reviewed the SEC Proposes to Update Accredited Investor Definition to Increase Access to Investments. I support the proposal to update accreditor investor definitions. I feel these proposed changes will benefit those attracting private capital and will provide regulatory guidance for those entities managing the capital as well.