From: Sent: Friday, January 02, 2004 10:11 AM To: Cc:;;;;;;;;
Subject: Re: File # S7-23-03 Securities and Exchange Commission:
450 Fifth Street, NW Washington, D.C. 20549-0609 Re: File #
S7-23-03 Addendum: Dear Mr. Katz, Thank you for allowing me an
addendum to my first letter regarding Reg. SHO. There is a debt
owed to investors. That debt is in the trillions of dollars due
to naked short selling of the Microcap Market. There are huge
open positions that, by law, require the broker/dealers to "BUY-
IN". The very introduction to the SEC website states the SEC is
"The Investor's Advocate" It goes on to explain "How the SEC
Protects Investors and Maintains Market Integrity." Is there any
honor and integrity in allowing the continued abuse, theft, and
corruption in ANY market in the USA? The way Reg. SHO is written
at the present time, it allows just that! You say your goals are
even more compelling because "first-time investors turn to the
markets to help secure their futures, pay for homes, and send
children t