Subject: File No. S7-12-06
From: Thomas S Wojciechowski
Affiliation: Marine Industry

February 18, 2007

Commissioners, You have had more than enough time to revoke the grandfather clause in REG SHO. Your comment period was from July- September 2006. It is now February 2007. Investors are tried of getting bilked by these brokers who are naked shorting stocks from over a year or two ago. They must think they will just go away. It is time for you to make your decision and have these crooks pay for something they sold years ago and have never bought. Your slap of their hands and small fines does not work anymore and we all know it. Do something for the investors you are supposed to be looking out for and keep our best interests in mind instead of Wall Street. A concerned investor, military retiree, and a Father trying to save for his kids college.