Subject: File No. S7-08-09
From: Amit Patel
Affiliation: Financial Engineer

August 6, 2009

Based on my research, I believe that Naked Short selling has hurt hundreds of companies. Powerful hedge funds, and the crooks (i.e. their managers) have violated the law by issuing FTDs or IOUs to destroy good American companies. It is unbelievable that SEC, a corrupt gov. organization, has not stopped this practice. SEC must stop this practice and better get its act together before American people decide to close down this corrupt agency that works to protect the interest of few crooks on the Wall Street.