Subject: File No. S7-19-07
From: Susan Erler

July 10, 2008

Please remove the Grandfather Clause on Regulation SHO and stop the Naked Shorting and Failures to Deliver.

Fix the marketplace

It is unreal how long the SEC enforcement division has allowed this travesty to go on.

Stop asking for more comments on this matter and do the right thing.

Bring justice to those who have used this clause to destroy so many companies and cheated so many shareholders.

Please.

Fix it NOW