Subject: File No. S7-12-06
From: Michael Shivok
Affiliation: a shareholder in the stock market

March 27, 2007

-WHY EXTEND COMENT PERIOD ON THE GRANDFATHER CLAUSE THE CLAUSE IS UNLAWFUL AND ONLY PROTECTS THE BAD GUYS THIS IS NOT IN THE INTREST OF THE SHAREHOLDERS AND THE SAME IS GOING ON TODAY. THE GRANDFATHER CLAUSE NEEDS TO BE GONE NOW YOU ARE AIDING THE BAD GUYS AND THAT IS ALL