Subject: File No. S7-05-12
From: Mike Elias

June 22, 2012

Just get it done It is about time this scandalous type of instrument is roped in and controlled ... abolished even. We have been victims of this practice now via counterfeit stock sales (aka Naked Short Selling) for about ten years now via 100s of penny stocks.

Derivatives need to come to a finality. Let the pieces fall where they may, it is only fair.

Start this policy ASAP before the entire world's economies tank There is no need to comment on this, we all know it has been the scandel for decades, time to stop the global robbery known as derivatives.