July 15, 2008
I strongly support the Commissions proposed "Naked" Short Selling Anti-Fraud Rule." Naked shorting is illegal because it allows manipulators a chance to force stock prices down without regard for normal stock supply/demand patterns. It is in fact both institutional fraud and counterfeiting, the latter being a a crime of U.S. Constitutional magnitude. This criminal conduct, once asserted by the SEC not to exist, has destroyed many companies, lives and opportunities and threatens the very core and integrity of our financial system. Naked shorting must be stopped, and all whom conspired put in jail. We the people look forward to the SEC's agressive action to stop this egregious conspiracy. Any further delay in adopting new regulatory guidance or in enforcing existing regulations allows the SEC to be viewed as complicit.