Subject: File No. S7-25-06
From: John Williams

February 2, 2007

I see, you want to "protect" the people.
Only people with 2.5 million dollars are smart enough to choose their investments.

I'm black, net worth 1.8 million... I'm not smart enough to make my own choices? I have been for the last 20 years.

Also, if I'm not smart enough, why is my IQ in the 95%. Why are you telling me I'm not smart enough to invest??

Right when the black man gets up, you change the game to knock him down. Sounds like discrimination to me.