Subject: File No. S7-08-08
From: Randall R Richardson

May 19, 2008

In response to "Naked Short Selling Anti-Fraud Rule:

WILL IT MAKE A DIFFERENCE? NOTHING YOU HAVE DONE SO FAR HAS INVESTORS ARE LEFT AT THE MERCY OF NAKED SHORT SELLERS, AND ALWAYS HAVE BEEN. COMPANIES ARE DRIVEN TO THEIR DEATH IN THEIR INFANCY.......AND INVESTORS IN THOSE COMPANIES LOSE ALL OF THEIR INVESTMENT. GET THE LOOPHOLES OUT OF THE RULES AND DO THE JOB YOU ARE PAID TO DO (WITH OUR MONEY)FOR ONCE