Subject: File No. S7-19-07
From: Mark S Sefsik
Affiliation: Private Investor

July 17, 2008

Mr. Chairman.
As small children we are tought by our parents the difference between RIGHT and wrong. These lessons took many forms but usually revolved around something we wanted which as children we were not allowed to have or do. Correction and governance from our parents was essential or we would have become the carnal self serving greed driven malicious
type of charactor we see in the naked short seller. Since naked short sellers never learned the good lessons at home as children they must be tought now that society will not tolerate their destruction and theft. The SEC must in carrying out their social responsibility stop all naked short selling. Eliminate "Loop Holes", require barrowed share accounting and segregation for proper short sales.
For the sake of the people who pay your salary and who are America TAKE ACTION NOW and do what is RIGHT.
Best Regards
Mark Sefsik