From: Joe Thirolf
Sent: January 29, 2007
To: rule-comments@sec.gov
Subject: File No. S7-25-06

I think that you should open up hedge funds to all investors. Why shouldnít a lower income person have the same opportunities as a wealthy person? It should be the individualís responsibility to decide how to invest their money, not the governments. The countries outside of the US have access to these vehicles, why canít we? There is risk associated with any investment. Let us decide what is best for us.

Regards,

Joe Thirolf