Subject: File No. S7-24-08
From: Syed Rizvi
Affiliation: Electrical Engineer

September 29, 2008

There are many stocks still on the NASDAQ "threshold securities" list whose share holders risk loosing their hard earned savings and the companies are at risk of being insolvent solely because they are the targets of naked short selling.

I demand that the SEC implement the law regarding 'delivery of shares/secutities'. The least the SEC should do is Settle the trades and Disclose the fails.

With the economy in turmoil, the SEC should not be complascent while illegal practices by a few (naked short selling) are continuing and are destryoing the very engines of growth the economy badly needs