Subject: File No. S7-25-06
From: Lana C Sanders, Mrs.
Affiliation: Hotel Owner/Operator

January 26, 2007

I think it is totally UN-AMERICAN to decide who has the intellegence to invest in Hedge Funds or anything else. When you have worked and paid taxes, the same as the RICH, then why are we not allowed to invest OUR MONEY anyway we choose. It is insulting to be deemed unfit for investment choices by government agencies, the SEC or anyone else. I find this not only degrading it is nothing less than discrimination. To treat most Americans this way is wrong and beyond unfair. This doesn't really intend to protect the lowly below 2.5 million dollar voters, it is to protect the profits of the more influential and wealthy. If we are not smart enough to invest our own money, why are we given a TAX SYSTEM to comply with that professionals have a hard time understanding. This is an outrage. I am one very insulted AMERICAN CITIZEN. I would appreciate the RESPECT from our leaders that hard working American Tax Paying citzens deserve. Do not impose this unfair ruling upon would be investors.

Sincerely

American Tax Payer