NO QUARTER FOR CORRUPTION (Focussing on The Fed./FRBS)

[Telephonics]

I concur with your remarks about the DTCC. But I completely reject you demand for stopping any shorting.To have a balanced free market place an investor has to have more than a choice to hope for increase in share price. As long as a market goes up and down the choice of which way to bet is basic and will continue to be available for investors to express their choice.Legitimate shorting is a necessary element for a market place. But there is no justification for grand fathering naked shorting and then not enforcing the rules to prevent fuirther naked shorting. You are adamantly commiteed to eliminating all shorting. So be it. I'll not comment on your position again. You have every right to express your view.