From: Mike Mills
Sent: August 7, 2007
Subject: File No. S7-25-06

As a Wealth Manager to high income individuals in their 30s and 40s I think raising the requirements above 1 million dollars would do far more harm to my clients than any protection they might possibly get. I have used public and private investments, but the returns of the private investments (sophisticated products almost always have produced more consistent returns with less volatility than comparable investments sold on the public markets). The major drawback is liquidity, but if you have 1 million $ you have enough liquidity and smarts to make that decision.

Thank you.

Mike Mills
Wealth Management, LLC
751 E. Southlake Blvd
Southlake, TX 76092