Subject: File No. 4-627

May 9, 2011

Naked shorting should be prohibited. There is too much of the gambling element in the stock market already.

Also, capital gains should be treated as ordinary income. I cannot see any justification for treating wall street executives' pay as capital gain ... they don't put any of their own capital/funds at risk.

Take out tax preferential treatments already, I'm willing to do my share ... tax the capital gains from my stock market tradings as ordinary income, I don't mind as long as I make money on my trades.