Subject: File No. S7-25-06
From: Lam Wong

February 27, 2007

From: Lam Wong

To be fair and give people equal access to all investment vehicles and to provide some protection, I suggest that the rule be revised to limit the amount a person can invest. If an individual has $2.5mm of liquid assets, then no limit is necessary. For the people who donít have $2.5mm of liquid assets, an upper limit of 50% of his liquid assets allowed to be invested in hedge funds should be imposed to offer some protection that is intended by this rule, but it doesnít take away peopleís right to invest in this asset vehicle completely.