From: r.ziegler [r.ziegler@snet.net]
Sent: Tuesday, November 25, 2003 7:29 AM
To: rule-comments@sec.gov
Subject: S7-23-03:

Anyone who participates in illegal naked short trading, be it investor or 
broker should be banned from making trades for one year.  This practice 
manipulates the market, puts the small investor at a grave disadvantage and 
invites money laundering interest to exploit the system.

Randall K. Ziegler
10 copper Kettle Road 
Trumbull, CT 06611