Sent: Tuesday, March 11, 2003 12:37 PM
Subject: Re: SEC Release #34-47365/File #SR-DTC 2003-12

Dear Gentle SEC persons:

I believe that the current system is flawed and full of loopholes
that are to the advantage of the professional market makers and
to the disadvantage of the issuers and the shareholders.

This must be fixed in the interest of equity and fairness to the
public investor. It is the feeling that Wall Street is for Wall
Street and not the public investor so it is in the best interest,
I feel, that the practice know as naked short selling be
eliminated in all of the markets where it can exist now.

Very truly,

Paul A. Ebeling