Subject: File No. S7-19-07
From: Boyd Zander

September 11, 2007

The current and future expected level of regulation in regards to eliminating naked short sales is not acceptable in my opinion.

Sale of a car, house, boat, or service etc without the intent to deliver is fraudulent. I just cannot comprehend how the selling of and failing to deliver of securities is deemed acceptable by the U.S. Securitied and Exchange Commission. It is flat out fraud and is morally unjust. To allow this to continue could even be called a failure to meet your obligattions as a UNited States Citizen and is most certainly treasonous A problem does exist in the system that you regulate where many securities have sales that far exceed the actual authorized shares the particular security. If you don't believe me, maybe you would perhaps please listen to those who no doubt have proof, those who have been trying to gain your attention. If you fail to see them, ask me, I'm sure I can produce them for you if you will honestly provide them an audience.

So how about you get the @#% out of your ears, put your greedy and cowardly hearts behind you and do what is right.

Regards,

Boyd Zander