Subject: S7-05-20: Question 65
From: Mitch Chapman
Affiliation:

Jun. 11, 2020


I am writing in support of allowing Secondary sales through a secondary marketplace, which will allow investors to trade shares obtained through Regulation A and Regulation Crowdfunding campaigns.  I have invested in several startup companies (Reg A/A+ and Reg CF), through various crowdfunding platforms, including StartEngine, WeFunder, SeedInvest, etc.  I would like the ability to trade these shares in a secondary market place.   
Please provide a federal preemption for Secondary sales of a Tier 2 Regulation A or Regulation Crowdfunding raise so investors from any state, like myself, can trade our shares.    .   


Thank you, 
Robert M. Chapman