From: Huw R. Jones
Sent: January 29, 2007
Subject: File No. S7-25-06

To whom it may concern: The newly proposed SEC rules regarding increasing the net worth requirement for investors in hedge funds are un-Democratic and anti-American. I oppose it, and oppose any requirement that high net-worth investors be the only ones to have access to investing in these funds. I propose a different class of investment vehicle be created that would allow investors of any income level to particiapate in a hedge fund's principal benefit, that being reduction of risk.

Huw R. Jones
Tucson, Arizona