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To: Savant who wrote (15049)	9/21/2000 10:46:10 PM
From: Savant	Respond to of 18366

I edited that. Anyone that agrees, send it in, or write your own. Additions or corrections, welcome. I, for one, can see the effect on our EDIG stock and numerous others. Best,Savant. This email address should work: Rule-comments@sec.gov

To: Savant who wrote (15049)	9/21/2000 11:25:12 PM
From: bob	Respond to of 18366

Savant - I just signed and sent it in.... hope others will do the same. Naked shorting is , IMO, the greatest abuse to OTC-BB stocks, individual investors and the small companies they invest in. The argument that it is needed to maintain an "orderly market" is such hogwash. Great post and thanks. Bob

To: Savant who wrote (15049)	9/22/2000 12:12:43 AM
From: Jon Tara	Respond to of 18366

Rule 10-a-1 DOES apply to market-makers. It applies to market-makers in cases where they are not engaged on bona-fide market-making activity. That is, for example, if they are speculating, then they are not engaged in bona-fide market-making activity, and are restricted by rule 10-a-1. On the other hand, for example, if they have a customer order for 1000 shares of stock, and they have no stock in inventory, it would be bona-fide market-making activity to short the stock to their customer. By doing so, they are providing liquidity to the market. Requiring market-makers to observe rule 10-a-1 on every trade would decrease liquidity significantly, and lead to a much more volatile market.