Subject: File No. S7-08-08
From: Wendell L Wood
Affiliation: unemployed engineer

March 19, 2008

My only income now is by investing.

If the US government expects me to continue to pay income taxes, then it should consider eliminating "naked shorting".

I prefer to think of it racketeering by others involving counterfeiting of US equities. I believe that there are sufficient numbers of unemployed lawyers in the USA that would be happy to prosecute those investors their brokers.

Thank you for taking your valuable time to read this.