Subject: File No. S7-08-09
From: Buckminster J. Dewey, Esq.
Affiliation: Dewey Cheatem and Howe

April 10, 2009

Dear Ms. Shapiro

All we need is another 4-5 years of futzing around with the the feckless REG SHO-- much as your predecessor and our golden boy Chris Cox provided-- in order to continue the process of systematically transferring vast quantities of wealth from the investing public to market makers those who rent their privledged positions and naked short sellers, all under the guise of "public comment" and interminable extensions thereof.

'Tis been a glorious run fleecing john Q. Public, all while the SEC diddles.
Plus ca change, plus le meme chose.