From: Keola de Dely
Sent: March 27, 2007
To: rule-comments@sec.gov
Subject: File No. S7-12-06

With respect to the grandfather clause of Regulation SHO.

Please rescind the grandfather clause immediately, so that all of my currently held counterfeit shares become real again, just like I thought they were when I bought them.

The market corruption must stop NOW, please. with all due respect.

Keola