Subject: File No. S7-20-08
From: Tim Thomas

August 13, 2008

Today is 8/13/08 and the rule is no longer in effect. Why did you let this expire and why is naked shorting allowed in the first place? These rules are necessary to protect the little guy. The working class people that scrape and save their whole life with the expectation of at least being able to live in retirement can't afford to have their investments manipulated like this. It's just not enough to be a disaplined invester anymore. Why don't you guys do what's right for the people? You should have made sure this rule stayed active and enacted further policies to help. I'm not saying that investors should not experience the normal eb and flow of the markets, but it your job to ensure that we and our investments are not manipulated.