Subject: File No. S7-33-10
From: Richard C North

November 15, 2010

First: YES, I am absolutely in favor of the new mandatory incentives for whistleblowers. Had this been in effect during the latest financial services debacle, the taxpayers would not have had to bailout, again, all those geniuses on Wall Street and the banking community.

Second: And, while your at it, lets increase both criminal and civil penalties as well as broadening the elements of fraud for financial crimes.

Unfortunately, you can't make it retroactive