From: Erick Lihme [erickl@cybertime.net]
Sent: Saturday, March 08, 2003 11:20 AM
To: rule-comments@sec.gov
Subject: File No. SR-DTC-2003-03

Short selling abuses are reaching epidemic
proportions.  I've been with law enforcement
approaching 2 decades.  The SEC must do all it can
to stop these crimes, tighten laws, eliminate loop
holes and actually do it's job.  Mafia like
organizations will continue to strenghthen their
influence should the SEC not be proactive.  These
white collared crooks are worse than gangs in many
respects as they have a foot hold in legitimacy.
Laws are not only the fabric of civilizian, but
serve a practical end.  The market is the engine
of our ecomony.  Without strong fundementals in
any system and particularly in financial matters,
the ability of nation to survive is comprimised.
This extends therefore into the realm of National
Security, so the SEC has a Moral imperitive to
act.

Allowing companies the freedom to protect
themselves and create business within the
parameters of a free capitalistic society is at
the heart of the US economy.  If the SEC finds for
some reason the desire to leave the electronic
system to lessen their exposer to naked short
selling is not in the best interests of the
country, the SEC should move in a direction to
eliminate the desire by actually enforcing the
law.

I realize it can be frustrating to have one's
hands tied in some manner, but please do not do
anything that gives the appearance that you do not
care.
What I've witnessed in a favorite stock that goes
beyond an Eron type of fiasco, and it should the
greater public understand what crooks there are in
the short selling industry, the market would
collapse. Someone will eventually be held
responsible and as more companies vote with their
feet or vote by any means, the public eye may take
notice.

Erick Lihme
Yucaipa CA