Subject: File No. 4-627
From: Hans Brost

July 26, 2011

Well..I see it as a band aid on a severed appendage.

What you SHOULD have disclosure on is ALL short sales/positions....ESPECIALLY those of market makers.

And you shoud FORCE naked short positions to SETTLE.

Maybe even in 3 DAYS like the rest of us peons....

And you should PROHIBIT settlement of short positions by transactions that CREATE another short position for another market maker/entity.

But that would crash the entire system wouldn't it....

IF you'd only enforce trade settlement......is that too much to ask for???????

Hans Brost