Subject: File No. S7-19-07
From: Robert K Smith
Affiliation: BBA Finance Hardin Simmons University 78

July 27, 2008

Counterfeiting, Fail To Deliver, Naked Short Selling is close to ruining the whole US finantial system. The answer is very simple. Settle the trades throughout the whole system from the small cap companies to the largest. Enforce the T + 3 law that is already in place.

Find out which terrorists are doing this and treat them as if treason is committed because it is.

We were warned after 9/11 that our finantial system would be attacked. Every Large and Small company run out of business cost the govt tax dollars and people their jobs.

My three college kids and their kids should be able to live in the USA as My generation. If the SEC will not enforce the law, WHO WILL?