Subject: File No. S7-19-07
From: Ronan Kapur

July 16, 2008

I think its high time the SEC did something to clear up the large number of naked shorts. My families hard earned savings are being manipulated by naked shorts. I understand that shorting is legal but the naked shorting that is so pervasive needs to be dealt with.

The only way is to bring some people to justice and make examples of them. If you value the sanctity of the US capital markets, I appeal to you to do something.