Subject: File No. S7-12-06
From: Another Concerned Citizen
Affiliation: American

January 31, 2007

As noted in a recent prior letter, the comment period on this issue ENDED last September.

For over two years, naked short sellers, including market makers who rent their exclusion as a license to steal, have enjoyed a very profitable "free pass" from the prohibition of fraud in the '33 '34 SEC Acts via the totally indefensible and gutless Amendment SHO of January 2005.

TWO YEARS of FRAUD-- abetted by the SEC

What are you people waiting for to correct your mistake??