Subject: File No. S7-12-06
From: Robert M Vigil
Affiliation: Individual investor whom the SEC is supposed to protect

July 26, 2006

Enough is enough. Come on guys, you are supposed to protect individual investors such as I. I know about naked shorting through Sirius Satellite Radio (NASDAQ:SIRI)

According to some estimates 50-60% all of the trades on NASDAQ are done either by hedge funds or through naked shorting.

We little guys have no way to counter these huge hedge funds. So we need your help