Subject: File No. S7-25-06
From: Gene Sanders
Affiliation: Citizen investor

February 24, 2007

What a wrong-headed ideal. As a great number of people begin to reach the definition of accredited investor. Go out and jump the number to 2.5 million liquid as this baby boom generation begins to break through the barrier and obtain access to more options. Great job government let's make sure this group of people is limited from making investment decisions for themselves. Make sure the government tells them what they can invest in and what they cant. The rich get richer and the poor get poor. Proposed changes to the regulation do exactly opposite of what should be the mission; level the playing field for all investors.