Subject: File No. DF - Other Initiatives
From: Lucille J Geremia

July 27, 2010

Where is the individual inverstors protection from the new ETF's shorting the market 3x? It appears that there more and more ETF using these volitle methods of trading and by using an ETF this method is used to disrupt order instantly.

Are you looking into the future and options market to revise and regulate?