From: Bruce M. Barrett
Sent: March 4, 2006
Subject: File No. 265-23

Enforce the rules that exist with naked shorting and short sales. Do not allow the DTCC to circumvent rules. Elimnate the stock borrowing program at the DTCC. Make all shorting cover within 3 days. make all brokerages offer free certificates of stock, as was done in years past. by charging out rageous fees for a cert, the problem has grown, as temptation exists and naked shorting followed. stop penalizing small companies that are the heart and soul of the american capitalist system. make all fines for violations 10x the amount the naked shorter profited. send brokers, hedge fund owners, all to jail time. make penalties so harsh that no one will chance this any longer. enforce existing rules and implement those with teeth. no longer allow the counterfeiting of shares of companies thru electronic means. this should be treated in the same manner as if it were counterfeiting american money.

bruce barrett
dublin, california