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To: Securities & Exchange Commission

Remove Barriers to Startup Capital: Democratize Accreditation

Reason for signing

  • I signed because, as a formerly FINRA licensed professional, who was required to study federal securities laws as well as general state (blue sky) laws that govern how investments are offered and made, I know that the most powerful way to achieve wealth is through early stage startup investments, but that those opportunities are limited almost entirely to those who are already wealthy. The accredited investor definition is the key rule (Rule 501 under Regulation D) driving this economic divide.