Date:    12/22/1999  5:38 PM


Subject: File%20No.%20S7-24-99 
I applaud the SEC's intention to require OTC-Bulletin Board market makers to 
follow the same rules regarding "shorting" of securities that are required 
for the larger exchanges.  These securities, historically subject to much 
less regulatory scrutiny, have been abused in numerous cases by rouge market 
makers(example - shorting more than the actual outstanding shares i.e. 
phanton shorts , in order to artifically maintain a low share price).
     
Here's my vote for more market transparency and legitimacy.
     
John Dearing
Louisville, Kentucky