July 22, 2006
I strongly support all efforts to amend, strengthen and enforce the provisions of SEC Regulation SHO. In particular I believe the reporting requirements and penalties associated with "naked short trading" should be increased and additional penalties imposed for special circumstances where (a) the securities and stock exchange, individual investors or business enterprise incurs irreparable damage from the forbidden activity, or (b) the forbidden activity is propagated from a foreign or "offshore" securities and stock exchange, market maker, broker or unauthorized agent.