From: John H. Weber
Dear Mr. Katz:
I'm writing to urge you to do something regarding the illegal and immoral practice that has been and still is occurring among many firms and traders known as "naked short-selling."
I was a securities broker and principal from 1958 until 1985 and know how this practice has badly hurt many investors from the general public, all of whom your orgaization is supposed to be protecting. Yet, as I understand it, this practice has been going on for many years. It's time for it to cease. Please use your influence to get SEC File No. 4-500 activated and enforced -- it's your fiduciary responsibility!
Thank you for your attention to this very important matter.