Subject: File No. S7-08-09
From: BRUCE H McDonald

May 28, 2009

Shorts simple don't have to buy an investment in a company they don't like

They don't have to profit..buy simply insuring that they can make a company fail.

Mutual Funds are owned by people and pension funds...don't allow them to profit by loaning our shares just to hurt our interest

How many ways can stocks be controlled by outsiders:
Shorts, mutual funds and investment bankers(oh...maybe their aren't any..they are now banks, ETFS, ETNS,
Pipes...

on and on and on.....ways to

Shorts just want volatility....PUT A PER SHARE COST OF DOING BUSINESS , PUT AN AUTOMATIC FEDERAL TAX WITHHOLDING ON FOREIGN COMPANIES DOING BUSINESS IN OUR MARKETS TO FORCE TAX FILINGS,

IF YOU HAVE NO ABILITY TO REGULATE THEN TELL THE PRESIDENT TO CHANGE MANAGEMENT. IF YOU HAVE NO ABILITY TO CREATE RULES INDEPENDENT OF THE CROOKS THAT RUN THE MARKETS THEN CREATE NEW BOARDS WITHOUT TIES TO THE CROOKS.

WILL SOME OF YOU ACTUALLY LOOK AT STOCKS TRADING ACTIVITIES....IDENTIFY THE KNOWN SHORT TRANSACTIONS AND WATCH THEM MANIPULATE THROUGH THEIR PROGRAM TRADING PLATFORMS THE PRICE SO THEY CAN COVER...EVERYDAY 1000'S OF POSITIONS BILLIONS OF SHARES TRADE SO THEY CAN MAKE PENNIES, NICKELS AND DIMES ON BILLIONS OF SHARES....THEY DRIVE PRICES DOWN ON GOOD COMPANIES FOR NO REASON...

THEY PLANT FALSE STORIES WITH MANY "MEDIA SHILLS"

THEY HIRE PAID STOCK BASHERS...

IS THIS THE AMERICAN WAY...MARKETEERS IN RUINING AMERICAN COMPANIES.

THEY RUINED THE BANKS...AND YOU CAN READ EVERYDAY HOW THEY ARE SHORTING THE BANKS, HAVE ETFS AND ETNS TO LEVERAGE SHORTING EVERYTHING, THEY RUINED THE AUTO INDUSTRY, THEY ARE SHORTING COMMERCIAL REAL ESTATE AND CREDIT CARD COMPANIES....THEY ARE SHORTING EVERYTHING

CAN YOU NOT SEE IT HAPPENING...OR IS IT THAT YOU ARE PART OF THE PROBLEM..

YOU ARE NOT PAID TO FACILITATE MANIPULATION...YOU ARE PAID TO IDENTIFY THE PARTIES AND REGULATE BAD BEHAVIOR SO THAT THE TRUE INVESTOR GETS TO OPERATE IN A NON FRAUDULENT ENVIRONMENT.

YOU SEEK ONLY TO ENFORCE CEOs AND FILING COMPANIES...NOT THOSE WHO WOULD SEEK TO DESTROY THEM.

I WOULD LOVE TO SEE THE RESUMES OF THOSE ON YOUR BOARD, AND SEE THEIR SCHEDULE D TRANSACTIONS FROM THEIR TAX RETURNS...IS THIS INFO AVAILABLE TO THE PUBLIC? DOES THE CHAIRMAN OF THE COMMITTEE HAVE ACCESS TO THIS INFO??

Imagine me...not trusting the system.

Bruce McDonald