Subject: File No. S7-08-08
From: Gary Teng, Mr
Affiliation: Engineer

March 18, 2008

Since naked shorts are illegal, they should be stopped immediately. I don't understand why it has not been stopped long time ago. If it is difficult to enforce the rules with regarding naked short, why not ban all the shorting, legal or not, until the rules can be reliably enforced.

Thanks

Gary