Subject: File No. S7-19-07
From: Jennifer Maklary

July 18, 2008

I just recently learnt about naked short selling in the market and am disgusted that nothing is being done to stop these crooked thiefs from stealing my money illegaly. You have done nothing to protect me and others who thought that the market was a fair trading table, from being robbed of our hard earned cash. Nothing is being done to stop these criminals and they have persisted and have over the years become stronger. If there are no strict regulations in place requiring these criminals to deliver the "failed to deliver shares" within a short time frame, it will lead eventually to the collapse of our market. The market is no longer a fair game as market regulators don't enforce fair rules, and the small guy investing loses it all.