Subject: File No. S7-08-08
From: John E. Norris

May 20, 2008

Fraud is fruad stealing is taking what does not belong
to you.These are very simple truths, but the SEC does not
care that people are being robbed.
The SEC already have laws to keep things honest,
but, lets naked shorting to go unabated.
Those that naked short, when caught are merely
slapped on the wrist and then they go and continue
New Companies now had rather IPO outside of the
American exchanges because forien exchanges do a
much better job of policing the markets.
Sincerely John Norris