Date:  February 3, 2014

Issue: Regulatory Reform, JOB Act,

To:  Securities and Exchange Commission

Filing Type: Regulatory

Description:The CCMC sent a letter to the SEC with comments on the proposal to carry out Title III of the JOBS Act to permit Crowdfunding.  The CCMC supports Crowdfunding as a novel means to provide small businesses with the resources needed to grow compete.  While it will provide new opportunities for retail investors to engage with the capital markets, the CCMC also believes that strong investor protections are needed to ensure a level playing field grounded in certainty.

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