Subject: File No. S7-19-07
From: Frank J Randol

July 8, 2008


How Pathetic:

Just when you think The SEC is going to do the right thing

You revert back to trying to let the thievery continue.

I am so tired of being raped by the markets by your orginazation not inforcing the laws that are already in place.

It is sadistic NAKED SHORT NOT JUST SHORT FAKE SHARES

allowing to let market makers and individual to use phantom shares FTD"s with no intention of covering them driving prices down and companies out of business and investors robbed of their money

unlimited shares at the whim of thieves
I wish I was more literate so I could express more clearly how unethecal and criminal this behavior is that you are willing to allow to continue

You as custodians of the welfare of investors
should be put behind bars

the Grandfather clause was the classic example of your disregard for justice.

Frank.