Subject: File No. S7-19-07
From: Lucy I.

July 11, 2008

Here we go again, another extended comment period.

Come on folks, you don't need our input on this amendment. You know what needs to be done to stop the illegal activities within the financial markets you oversee. What you are doing is nothing more than another stall tactic.

A phrase from a recent Dr. Phil Show sums up my thoughts. "This is a clear cut case of the tail wagging the dog." In this case, the criminals are the tail, the SEC is the dog. Think about it.

Lucy I.