Subject: File No. S7-20-08
From: Julie P Kruger

July 24, 2008

The short sale rules need to be expanded to cover all securities and become permanent. Market has deteriorated since the SEC lifted the rules that has been in place all these years and I question the real motive of such decision. Many individual investors lost their savings because of these hedge funds. At what point will the SEC make decision to protect investors and not the wealthy rich hedge fund. I sincerely hope our govt make the right decision for a change.