Subject: File No. S7-17-11
From: Sheldon Miner
Affiliation: Businessman

June 4, 2011

I am an individual investor who thinks that increasing the net worth limit from $1.5M to $2.0M would limit mine and other's opportunity to invest in hedge funds.

I feel that the existing limits are sufficiently high. Increasing these limits would hamper the ability for smaller hedge funds to survive and operate effectively.