Subject: File No. S7-06-13
From: Michael Sitver
Affiliation: IndependentTechnological Consultant

August 18, 2013

The stringent new rules and strict penalties are overly restrictive and bad for business. We shouldn't be punishing companies for minor mishaps due to confusing rules. You need to seriously simplify your process, increase speed, and reduce penalties. Failure to do so would be costly to American business, and American jobs.