Subject: File No. S7-12-06
From: Eldon R Gilbert
Affiliation: none

January 17, 2007

You people don't get it at all. The american stock investor is tired of buying stock that doesn't exist. I invested in a stock that was subsequently shorted to nothing. I lost a good portion of my retirement and will never get my money back due to the grandfather clause in Regulation SHO. Remove the grandfather clause and give me a little hope for recovery.

You have a lawful duty to protect the investing public, not the unlawful nss people. Do your duty.