Subject: File No. S7-08-09
From: Wayne Pinger

February 19, 2010

Naked shorting should never be allowed: shorting stocks is not in the interest of the stock owner and the practice of borrowing and selling(shorting) should not be allowed. Brokers and other account custodians should be required to act in the interest of the account owners. There should be financial responsibility requirements for account custodians.