Subject: File No. S7-13-04
From: Gene Finn

August 2, 2012

Dear Chairman Shapiro;

I apologize to The Commission for this piecemeal approach for submission of T+1 supporting information; but this Office of the Chairman letter by Arthur Levitt blew my mind when I ran across it.

With the recent Knight Capital transactions problems, the "protection of Investors" clauses in the exchange act mandate movement to T+1 from T+3.

Arthur Levitt, as SEC Chairman, instructed the Industry to prepare their systems.for the conversion. (see attached letter)

Respectfully yours,

Gene L. Finn