Subject: File No. S7-12-06
From: Glen W Rollins
Affiliation: President Orkin, Inc

August 29, 2006

The grandfathering and loopholes in Reg. SHO are an embaressment to the SEC and must be removed. This has the potential to be the biggest financial scandal of our generation. Let's write an ending that we can all be proud of. The SEC recovers by forcing disclosure of all failed trades and after some period of time a mandatory buy-in. Anything else will allow the massive theft of money and voting rights to continue.