From: Danny Bruno
Sent: January 27, 2007
To: rule-comments@sec.gov
Subject: File No. S7-25-06

feel your correction to Hedge Fund investing is long overdue considering the state of Social Security. Fees charged by Hedge Funds are way out of line. The risk rewards are clearly out of balance. Many with the mininum investment requirement could be wiped out as a result of Hedge Fund Failure.

DB