Subject: File No. S7-25-06
From: Joseph I Okojie

April 9, 2007

To whom it may concern,

There is no reason to have a net worth or an income requirement. To even consider changing the rules is a ridiculous idea. When people invest in hedge funds they know exactly what they are gettting themselves into. Hedge funds are risky and involve large sums of money, but this is something that investors are aware of and live with.

Thank you
Mr.Okojie