Subject: File No. S7-19-07
From: Lee Sluder

July 18, 2008

The spectacle of naked short sales is doing as much damage to faith and confidence in financial planning and investing as the corruption of mortgage lending practices has done to undermine soundness of residential and commercial real estate investment. Its time for the SEC to end naked short sales completely, in order to re-establish a fair and level investment field and faith in long term investment in the capital markets.