Subject: File No. S7-33-11
From: Phillip C Harvey
Affiliation: Retired ( work part-time in nuclear outage support)

November 11, 2011

There are 2 dirty words in the investment industry,
Derivatives and Shorts.
When Pres. Clinton was talked into tne "Peoples Banking Act of 1999",everyone was hoodwinked.
Bring back the parts of Glass- Stegal that worked.
Fix the junk in Gramm-Byle, or DUMP IT, and enact a law
with the berst of both laws to protect all equally.