From: Gerald Browne [billetdoux@cox.net]
Sent: Friday, November 28, 2003 1:28 PM
To: rule-comments@sec.gov
Subject: file No.S7-23-03

Sirs:
 
The decision to exclude smaller stocks from your consideration of naked 
short selling is not only unfair to the investors in such stocks, but 
obviously tantamount to surrendering to the influence of those guilty of 
such thievery. It appears that the SEC is fearful of the large firms 
involved and is willing to disregard the millions of dollars those firms 
have criminally bilked through these illicit practices, therefore allowing 
them to continue. What must happen before the SEC stops its discriminating 
decisions? Unless you can act fairly on this naked shorting issue...
 
...shame on you!
 
Gerald A. Browne
Oceanside, California