Subject: File No. S7-20-08
From: Robert Cardinale, Esq
Affiliation: Law Offices of Robert Cardinale

July 24, 2008

Naked short selling has been ignored by the SEC for far too long. It is essentially the same as counterfeiting shares. While it is inconceivable that the SEC has just decided that this is a real problem, you are to be congratulated on the Order, and the prohibition should be extended as soon as possible to all public companies.