Subject: File No. S7-18-11
From: Nancy Campbell

September 29, 2011

I SUPPORT THE PROPOSED RULE CHANGES. Anything the SEC can do to set this right is needed. Standard Poor's has made it painfully obvious how corrupt our rating institutions can become, and how terrible the damage is when they do. They have been a huge part of the mortgage lending debacle and a major reason this country is on its economic knees. Yet they have not been held accountable for their egregiously inflated ratings -- the ultimate betrayal in their work. NRSRO's must be held accountable by rules. They have clearly shown that they cannot and will not police them adequately, and will do anything to make more money for their own company.