Subject: File No. S7-19-07
From: Robert - DeVivo
Affiliation: Lt Col, USAF (Retired)

July 8, 2008

The SEC's failure to enforce the restrictions on "Naked Short Selling" are a disgrace to the USA. Because of it, retail investors have been cheated on a regular basis. As a past officer within the federal government, I must say that your selective enforcement of all regulations is an embarrasssment to me.


Robert DeVivo