Subject: File No. S7-08-08
From: Neil Choudri

July 25, 2008

Please put an end to naked shorting. This recently instituted change in rules has allowed only powerful, deep-pocketed institutions the ability to drive down the stock prices of perfectly good companies in order to "shake out the weak hands". This may be profiting a few individuals in the short-term, but longer-term it is robbing honest, hard-working Americans of the value of their equity investments.