Subject: File No. S7-12-06
From: Douglas Webb

April 29, 2007

To who it may concern

Naked shorting is a very large problem in the stock world People can (naked short) a stock and never pay taxed's on there trading. people can use naked shorting to move a stock And the only people who get hurt are people like us who trust the trading system. I would appreciate any thing that could change this practice and make it illegal
Thank you
Doug Webb