Subject: File No. S7-19-07
From: Bernd Schulze
Affiliation: Managing Director Jetter USA Inc.

January 23, 2008

Any change in Rules to current Problem of "Naked Shortening" and "FTD" needs to be addressed immediately.
The current "status" of the "Regulation SHO list" is absolutely unacceptable.
Any Company on the List for more the 30 days... and being allowed to be shortened further is a CRIME.
By ignoring the millions of "FTD,s" the SEC is contribuing
to the Corruption and Illegal practices by some crooked
Hedge Funds Brokers
American Companies, Workers, and honest Investors are getting
ruined by these illegal Practices everyday

I expect the SEC to do anything to enforce the Law Rules
which makes it impossible for this current illegal activity to continue.
Bernd Schulze