Subject: File No. 4-581
From: Les Lackman, Dr
Affiliation: Professor Enginering

July 2, 2009

Seems like a lot of talk and no action. Naked short selling should not be allowed..The current laws, as I understand them, allow shorts to exceed the float. This makes no sense..The Obama team seems a lot like the Bush team a lot of talk and no action. This and the uptick rule would help the "little guy" being steamed rolled by the hedge guys...It is time for action...