From: Robert Sucher
Sent: July 19, 2006
To: rule-comments@sec.gov
Subject: grandfathering

To Whom it may Concern,

I believe the SEC's duty is to protect ALL publicly traded companies from abuse.

We as investors, only have the faith of the SEC to rely on, by not including ALL Naked short trades, regardless of additional costs, (additional costs should be levied to those who failed to deliver) you are doing this countries innovative spirit a gross dis-service.

Do not complain about China's piracy, by not eliminating the Grandfather clause on Reg SHO is it's own form of Piracy !!!

Thank you, and can anyone tell me when an amendment would/could be effective.

Rob S