Subject: File No. S7-19-07
From: Steven G Formella

July 9, 2008

To whom it should concern:

I have owned and watched...UNQT,USCN,FFGO and
especially celler boxed, naked shorted
and basically illegally manipulated over the last
5 years. All it would take is a proper computer
software system to make all this stop. It is
an illegal clearing system. How long will the SEC
stand by and watch small investors be raped.
The people are watching and most importantly,
God is watching. Shame on those who have sold their oversight.
I pray for all those in a position to do the right thing...
The job of the SEC is to PROTECT THE INVESTORS.

Thank You
Steve Formella