Subject: File No. S7-20-08
From: william wigton
Affiliation: none

August 13, 2008

1. Eliminate permanently all forms of naked short selling.

2. Make mandatory the use of the up tick rule in all short selling.

Restoration of items 1 and 2 will discourage the raiding of companies, as opposed to taking short positions merely as an opposing viewpoint concerning the value of a company's stock (which is entirely appropriate).