Date: 12/22/1999 4:35 PM Subject: File no. S7-24-99 Please keep up your recent efforts to level the palying field that now permits market makers and other professional traders to artificially manipulate the price of a stock solely for their own short-term gain. Specifically: 1) the shorting rules that currently cover the NASDAQ, NYSE, and the AMEX, particularly on naked or uncovered shorting, should be extended to the OTCBB stocks; 2) the Uptick Rule should be retained to protect us against "bear raids" and "pile on" attacks. Thank you Francis M. Hugo 3414 North Emerson Street Arlington, Virginia 22207