Subject: File No. S7-12-06
From: Stewart Oakes

September 2, 2006

Respectfully request that you start enforcing the SHO regulations that you put in place. So far your efforts have had little or no backbone. There is perception, a well deserved one I might add, that you are protecting yourself only and do not care one bit about that average american. We small Americans are getting screwed by the market manipulation of the hedge funds. Please get off your rear end and correct the "naked short" and "fail to deliver" problems. Take time to protect the average American for once and tell the special interst to take a friggen hike.

Yours Truely

An average hard working American