From: GHouse5600@aol.com
Sent: Thursday, March 06, 2003 6:03 PM
To: rule-comments@sec.gov
Subject: File No. SR-DTC-2003-03. 

The proposed rule changes will not be of benefit to the average investor, 
but will only assist the members of the brokerage industry to perpetuate 
the illegal "naked shorting" that takes place, and has taken place, in the 
OTCBB market - to the detriment of small start-up companies. Many of these 
small companies are trying to stop the naked shorting of their stock by 
going to a "certificate only" method of transfer, rather than the present
DTC "electronic transfer" methodolgy' which is open to abuse by market 
makers and brokers.

The lack of enforcement of existing rules and regulations by the SEC and 
NASD has allowed these abuses to take place, which has forced many small 
companies to resort to the "certificate only" method of transfer.

Yours truly

Gordon D. House, P.Geo.