Subject: File No. S7-12-06
From: William D Nuenke

March 3, 2007

Just writing in reference to the proposed repeal of the Grandfather clause on Reg SHO? Comment period ended on Sept 19, 2006. What is keeping the SEC from making a decision? I would be concerned that this issue has become so politicized that the public you were appointed to serve is being put behind large corporations: banks, brokers, etc.

Please act in behalf of common people who need people in positions of influence and power to watch over them as they were appointed to do.
I encouraged the repeal of this Grandfather clause.