Subject: File No. S7-19-07
From: John Burke

July 13, 2008

See Dick. See Jane. See Dick and Jane commit Securities Fraud. Run Dick. Run Jane. Too late. See Dick and Jane in jail.

See Market Makers. See Brokers. See Market Makers and Brokers commit Securities fraud. Run Market Makers. Run Brokers. Never mind. See Market Makers and Brokers get off scot-free.

Its so simple a first-grader could figure it out. Eliminate Regulation SHOs Options Market-maker exception and protect those you are sworn to protect THE INVESTOR.

Thank you.

J. Burke