Subject: File No. S7-19-07
From: James Harvey, Ph.D.
Affiliation: President Harvey Associates

July 17, 2008

I strongly approve of all attempts to eliminate naked short selling. As an investor, I have been harmed many times by naked short sellers who have not owned the stock they are shorting. This unfair manipulation of the market must stop. I favor elimination of Regulaion SHOs option market makers exception and applaud the removal of the grandfather provision. I would encourage the SEC to further
develop severe financial penalties for those who sell short and fail to deliver. We need fairness and a level playing field if our markets are to provide all of us a trusted place to do business.