Subject: File No. 4-627
From: Robert Grothe

May 10, 2011

With the substantial amount of stock shorting being done by
Hedge Funds and Large Brokerage Firms, I strongly support
a regulation that these firms be required to report their
short positions on a daily basis. The above institutions
have created an "unlevel playing field" for the individual
investor and have been using the "shorting tactics" to manipulate the market. Their ability to hide behind the current "loose" reporting requirements have cost individual
investors, 401k, pensions funds, ect. large sums of money
over the years with their ability to "short and cover" prior to scheduled reporting dates. Any proposed regulations should also tighten up on the current "Market Makers Exemption" in order to provide more transparency to their operations. In addition, high frequency trading should be abolished before we have another "Flash Crash" like the one that occurred in 2010. I, for one, am tired
of watching the stock market being manipulated, on a daily
basis, while the supposed regulatory agencies do nothing
but sit in their "ivory towers" on their idle hands.