Subject: naked short postions/failures to deliver

September 27, 2005

Reference: SEC File No. 4-500. Request for Rulemaking Regarding Member Records of "Short" Positions and Reporting and Public Dissemination of Aggregate Positions by Security.

I am STRONGLY in favor of new regulation that actually ENFORCES the regulations against naked short selling, and also believe that grandfathering of ANY positions is criminal in and of itself.

Kent Blessing