Subject: File No. S7-08-09
From: robert d boland
Affiliation: executive of public company and board of directors

June 3, 2009

I am totally disapointed by the actions of the SEC over the last two years related to protecting shareholders and companies which supply employment and technology develepment. Several company failures have been directly attributed to Naked shorting not shorting with no dilivery or preborrowing of the stock, Selling something you dont own and taking the money and commissions on selling it is quiet a racket. The SEC up to now has done nothing to protect the common shareholders and companies. It is very simple to fix CLEAR ALL THE TRADES on the books and fine and imprisin those who have commited this crime to the capital markets. Protect US and follow the OIG report to make it right and give us some hope again. Quit protecting the Bad Guys