Subject: File No. 4-500
From: Peter G. Matthews
May 5, 2005
I am a securities lawyer and represent several clients that trade OTC in the United States. Both my clients and myself fully support this proposed rule change in short position reporting.
It would go a long way to removing the single biggest problem with these markets, hidden short selling, which negatively impacts investors and companies alike.
PETER G. MATTHEWS
Suite 200, 100 Park Royal
West Vancouver, BC, Canada V7T 1A2
Tel: (604) 922-0584 Fax: (604) 648-9083