Subject: File No. S7-08-08
From: Mitchell F Morkunas

July 25, 2008

Nake short selling should never occur Millions of people lose their hard earned money to some hedge fund that can control a stock price without even spending a dime Short selling itself should be limited and controlled better. Nake shorting and short selling will be the down fall of our market if something is not done soon

Mitchell Morkunas