Subject: File No. S7-20-08
From: Craig Brooks

July 28, 2008

I would like to see naked short selling stopped for all stocks. Without the uptick rule, it allows for computerized "piling-on", driving a stock down much faster than previous rules would have allowed. Naked shorts also have the affect of dilution by, at least temporarily, selling newly created "fantacy" shares that have not been formally borrowed.