Subject: File No. S7-20-08
From: Mark Kolesinsky

July 24, 2008

I applaud the commission for finally doing something to enforce securities laws dealing with naked short sales. What I don't understand, however, is how the SEC can create rules that protect only a small, select amount of issuers? Are some publicly traded companies more important than others?

Once again the commission falls "short" when it comes to enforcing laws that are already on the books. Settle the existing fails and force buy-ins for ALL fails past T + 3