Subject: File No. S7-12-06
From: P. E. Bursley
Affiliation: Ret. Credit Counselor

June 19, 2007

SEC Commissioners....

Leave it to India to set higher trading standards They've got it figured out No borrow, no short sale.


Learn from them.

Exchanges working on short-sales mechanism

Rajesh Bhayani / Mumbai June 20, 2007