Subject: File No. S7-08-08
From: wesley g thompson

March 19, 2008

two things should be implemented: 1.) A short time frame for compliance with Strong Enforcement Rules and Penalties for FTD, and 2.) Required SEC Filings for all Short Positions of a material amount just like Long Position Filing Requirements.

These changes would end the many abuses and restore investor's trust and confidence in the Stock Markets by ensuring that not just some but all Market practitioners are required to maintain transparency and honesty ...two seemingly rare commodities on Wall Street.