Subject: File No. S7-19-07
From: Gerhard Herbst
Affiliation: investor, retired

July 16, 2008

Gentlemen:

I encourage you to enforce all existing laws and establish any others that may be needed to ban ALL illegal short selling in any STOCK or COMMODITY.
Illegal short selling harms the corporations and individual investors. If you refuse to outlaw such selling, please resign your position immediately. You are then not serving the public interest, but those of the thieves on Wall Street.

Sincerely,
Gerhard Herbst