Subject: File No. S7-14-08
From: J C Rosania , Jr.

July 31, 2008

I am against proposed rule 151a. I question the SEC's authority in proposing this rule in the first place and don't subcribe to the alleged benefits to the consumer the SEC contends this rule provides.

In general I believe the government "regulatory bodies" are gaining much too much authority and involvement in the public's business and control/manipulation of the markets. By its own admission, in the event of disputes the SEC is often unsuccessful acting for the benefit of the investor/consumer anyway. Too much control by "agencies" today that are really self-serving, as opposed to servants of the general populace.

There is also likely kuch truth to the assertion by opponents of this proposed rule that the SEC is succumbing to pressure from FINRA and is simply attempting to change the playing field. Sales volume reasons are likely another reason.

In fact, because there are a number of SEC assertions as to the alleged benefits of this rule change with which I disagree, I am against it.