Subject: File No. S7-14-08
From: David E Moore
Affiliation: RFC, CLTC, LUTCF

July 30, 2008

There are thousands of professional agents doing a good job for hundreds of thousands of their clients. Allowing a few bad apples to control the time and resources of others is a sad situation. The product(s) in question should not be treated as a security since these products are fixed, not variable.