Subject: File No. S7-24-99

Date:    11/14/99 8:54 PM
     
     
I am writing this email to support the adoption of regulations on short sales 
of stocks outside of the NASDAQ market.  The price of OTC:BB stocks have been 
fixed worse than boxing matches promoted by Don King.  Without regulation, 
hundreds of average investors lose money every day.
     
"However, we believe the biggest threat to the OTC BB market order is 
outrageous stock price manipulation by some market makers and foreign 
brokerage firms. 
Particularly, illegal shorting (creating shares to sell short) has been, in 
our view, is the biggest fraud we have ever seen in the stock market. When a 
company has only about 10 million outstanding shares and some brokerage firms 
can sell unlimited non-existent shares, how could a market order be 
established. If the SEC is really serious about protecting the public from any 
frauds and is willing fight against these big firms, the SEC should regulate 
short sales in any stock markets as listed stocks. We just want everybody to 
play the game with the same rule."
     
   This sums it up nicely.  Just take a look at all the OTC:BB stocks that 
are manipualted everyday.  It's almost impossible to make any money on these 
stocks with such corruption.  We need to protect the rights of the individual 
investor, so I urge you to pass these necessary regulations. 
     
Sincerly, Nick Rossino