Subject: File Number S7-19-07

July 16, 2008


Please ban the naked shorting of all stocks on all exchanges.

I am a senior citizen who has invested in common stocks for the past thirty-five years.

Our country will be a better place to live if the ground rules for investing are level for all participants.

The current situation only favors professional manipulators/speculators who only take from our system, giving nothing.

Thank you for considering my comment.

Please contact me if you require follow-up information.

Jim Etem