Subject: File No. S7-30-04
From: Duncan Horn
Affiliation:

From: Duncan Horn [mailto:DuncanHorn@msn.com]
Sent: Monday, October 25, 2004 4:13 PM
To: chairmanoffice@sec.gov
Subject: Hedge Fund regulations

Chairman Donaldson

I want to thank you for supporting and implementing the new regulations requiring hedge funds to obey the same rules the average stockholder must adhere to.

This will help restore my confidence in the SEC's interest in protecting ALL shareholders and investors

Sincerely,

Duncan Horn