Subject: File No. SR-NASD-2006-113
From: Francis M Weld, M.D.
Affiliation: Assoc. Prof. Clin. Medicine, Columbia University

February 24, 2007

I am vigorously opposed to inclusion of private equity organizations and hedge funds within this oppressively restrictive rule. Such a move would severely restrict the ability of newly formed and creative wellspring companies in the United States to raise capital. This would border on insanity.