From: tom [tomorbeck@myway.com]
Sent: Tuesday, April 29, 2003 10:27 AM
To: rule-comments@sec.gov
Subject: File No. S7-24-99

      I want to advance the concept of open markets where participants are given 
equal access to information about transactions within those markets. Regarding "short 
sales", we do not have open markets. Information about short sales transactions is 
hidden for too long and with todays technology, there is no reason for this information 
to be hidden where some "people in the know" can profit.

      I believe the SEC should eliminate all current short selling rules and replace 
them with one rule for all short sales on any/all exchanges. 

      The one rule for short sales should be that every short sale must be reported 
within 8 hours of the sale and this data should be made available to the public in an 
immediate time frame via the internet. This would give all participants the same 
information and make for a more open market. 




     



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