From: Christopher Roberts [christopherroberts965@hotmail.com]
Sent: Tuesday, November 18, 2003 7:49 PM
To: rule-comments@sec.gov
Subject: File No. S7-23-03 Proposed Regulation SHO

Dear Commission,

I must say I am absolutley disgusted with the the lack of enforcement at the 
SEC.  The SEC continues to ignore public outcry when it comes to protecting 
the ones you have been hired to protect.  First it was the "Conflict of 
intrest" fiasco, then it was the "Enrons, Tycos, and World coms", and next 
was the "Mutual fund scandal".....

And here we are today, 4 years since 1999 when you first sought comment on 
Naked shorting and Failed trade settlements and you have done ZERO to step 
in and uphold the laws....

You have received THOUSANDS of letters from companies and investors BEGGING 
YOU, to step in and investigate and enforce laws to end this abuse, BUT YET 
YOU HAVE DONE NOTHING???

Why? why? why?   Just who are you protecting????

My suggestions would be, as well as passing all the proposed rules for Reg 
SHO, immediatley enforce all current rules, after all, you have admitted 
that naked short selling is illegal, well if its illegal STOP IT 
ALREADY.....  Are you waiting for Mr. Elliot Spitzer to show you up once 
again?

I also suggest you make for stiffer penalties for all who continue this 
illegal naked shorting.

Thank you.

Chris Roberts
Rochester MN

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