Subject: File No. S7-33-08
From: Tom Nappi, Mr

January 29, 2009

The proposed rate for paper reports is fine but an copy of all reports should be available via the web - if this is public information we should not have to pay a fee.
Additionally along the same lines selling shorts has cost us all way more than any one realizes the SEC should charge a 10 cent fee for each share of stock shorted. This would allow a method of accounting for all these destructive shorts and prevent the shorting and continual shorting to maintain a short position.
If your goal is to have the fee match the cost maybe $10 /share is a good fee for short sellers.

Too bad the SEC is more like a fox guarding the hen house

Have a nice day