Replies to post #2709 on Mass Megawatts Wind Power Inc (MMMW)

[Gaintrader]

Massachusetts Sec/State leading fight against Regulation A... interesting (in part copy, links below relative quote):

This is the same William Galvin, who on December 18, 2013, the very day that the SEC issued proposed Regulation A+ rules for public comment, filed a scathing comment letter with the SEC, railing against the authority of the SEC to pre-empt the power of the states to review this new class of “mini-IPO” offerings...At the moment, the best case is that an issuer who shows up at the SEC filing window on June 19 or thereafter will be left with the gnawing question – will its offering somehow be deemed illegal by the D.C. Court of Appeals at some indeterminate time in the future?

http://www.crowdfundinsider.com/2015/05/68299-the-state-of-massachusetts-vs-regulation-a-state-regulators-take-the-sec-to-court/

We urge the Commission not to compound these existing problems and place investors at even greater risk by preempting state review of Regulation A-Plus offerings.
The S.E.C. demonstrated its inability to adopt rules to protect investors in the Rule 506 market. How is it going to protect investors under the new Regulation A-Plus?

http://www.sec.gov/comments/s7-11-13/s71113-1.pdf