From: Dewey Cooksey
Sent: July 26, 2005
To: rule-comments@sec.gov
Subject: File No. 4-500


In the spirit of true free trade and responsible disclosure, I urge you to pass the amendment of NASD Rule 3360 and require NASD broker dealers to maintain a record of total "short" positions in all customer and proprietary firm accounts in all publicly traded equity securities as well as report this information to the NASD for public dissemination of the short positions by security. The SEC's action is urgently needed to prevent fraudulent acts, expose market manipulation, promote fair principles of trade and protect investors.

Thank you,
Dewey Cooksey
Nashville, TN