I urge every shareholder to call the SEC

[RickF]

Dear SEC/Chairwoman Shapiro-

My name is XXXXXXXXXXXXXX - I am a three-time active duty Iraq and Afghanistan Veteran who also happens to be an investor in some of the companies in our great country. I am contacting you to lodge a formal complaint concerning blatant stock manipulation - namely to the common stock of Sirius/XM Radio (SIRI) although I have noticed it is happening elsewhere in the market. Specific to the SIRI common shares - there appear to be at least two primary manipulators, namely NITE Trading Group and a market maker named ISEG (listed as the International Securities Exchange) that are continually making a near-concerted effort to drive the share price down. In the time I have witnessed the activity - I have not only been amazed with the completely overt nature of their actions, but the complete absence of any agency to date to put a stop to it. I apologize in advance for any tone of anger as I write you - it is my full intent to provide you with a clear picture of the flagrant violation of securities trading policy taking place.

On a daily basis - I both read and reply to investors dealing with the situation - all of whom have been seeing their hard earned investments vanish while the SIRI common shares continue to undergo a subterfuge of manipulation with 100-share blocks and at times enormous sell orders to use a technique called a "bear trap" to artificially drive the price down rapidly by a large percentage in order to cause cascading waves of selling (due primarily to stop-loss orders) so they can buy up the shares immediately after. This intentional act is not a single occurrence - but a common one.

Today - 19 March 2009 - was possibly the most visible means of manipulation I've seen since my first ever purchase of the SIRI shares. If you could respectfully ask one of your staff members to pull up a chart showing the 19 March trading day for SIRI - you will quickly note an enormous dip in the share price around 0940. This is the "bear trap" I mentioned earlier in this message. Once the large order was placed - it artificially lowered the value of the common stock and also "tripped" all the stop-orders anxious investors have placed due to their constant fight with the manipulation.

Following the aforesaid incident - many of us - enraged at what transpired - called directly to ISEG to lodge a complaint directly. Apparently the ISEG representatives feel they do not need to respond to consumer complaints - as many of us were simply disregarded and informed that ISEG did not claim ANY responsibility for the activity although it had come through them. We were also informed that a SINGLE individual had caused the landslide - which is difficult to believe at best.

I must finish with my applause at your continuing efforts to make greatly needed changes at the SEC in the time you've been in office. Again - I implore you as a soldier-citizen of this country to take measures to protect us from this shameful and illegal defrauding of my fellow investors. I would be more than glad to provide any further information I can to help your organization or staff make an impact. I also have an ability to leverage information from a considerable group of SIRI investors who, I'm sure, would gladly assist in the matter.

Respectfully,

XXXXXX, X. XXXXXX
Active Duty Soldier, Investor, & Small Business Owner

Rick - AWESOME letter mate!!!! RickF

[Paratrooper_Rick]

Nice letter Rick. The blatant nature of the manipulation is what bothers me. There is absolutely no pause in what is being done. I saw a lot of stocks getting attacked out of nowhere today. Shows you how widespread this problem is. Makes the Madoff thing look really small in comparison.

Thanks all for the comments - If I at least make a dent - or help the cause - I've done my part. I think things can move in the right direction - one thing I've learned in the military... and it applies to the rest of the world...

Sometimes... not always... but sometimes... those at the top - with the power to enforce the rules/laws - don't have visibility on what's wrong. Unfortunately - when you are in a leadership position of any kind - you are typically surrounded by "yes men" who won't tell you anything is wrong. It's one of the worst things wrong with our current politically correct society. Hopefully - our voices will echo across the SEC and they WILL hear us....

[sxminvestor]

Could someone explain how to view Level II transactions within E*Trade? I can't seem to find anything relevant about Level 2 buys & sells in the Help section.

Thanks!

You need to either qualify for or pay for EtradePro - it works off your desktop as a seperate Icon and you logon seperately than the main etrade and Marketcaster.

[asm610]

Response from one of the 3 ISEG email addresseses I CC'd on my SEC letter!



I will be out of the office on March 20th.

For general business inquiries please contact Boris Ilyevsky
bilyevsky@ise.com or 212-897-0242

For PrecISE Trade inquiries please contact Geralyn Endo
gendo@ise.com or 212-897-8171

For membership inquiries please contact Greg Ferrari
gferrari@ise.com or 212-897-8166

For PFOF, preferencing, reports or data please contact Barbara Wheeler
bwheeler@ise.com or 212-897-0252

For any immediate trading issues please call the helpdesk at 877-473-9989

[relmor2003]

Nice letters. Thanks paratrooper and rick. Only pressure will make the SEC make the call to stop it. They dont work in the light of day unless they are doing it for show.(if they work at all, ) If anything it allows us to feel we did all we could. It wont hurt. Thats for the info ams610.

[Brandon Matthews]

Good job guys! Has anyone ever seen shawshank redemption? Do you remember how the guy would send a letter a day asking for books for the prison library? Remember when those books came in and the letter read to "please stop writing now"

Same thing here. We need to write every day. Even if it is the very same letter. To stop the hoard of letters, they will not only investigate, but they will hang someone publicly by the gonads to prove they have solved the problem.

Of course after that, we will need to send two letters a day! To make sure it never happens again.

[KingFreep]

I was told if there are enough complaints made against market manipulating a stock, the SEC will open an active case and monitor ALL trades of the stock.

SEC headquarters = 202-942-8088
SEC fax = 703-813-6965
enforcement@sec.gov
certified@sec.gov
help@sec.gov

CHAIRMANOFFICE@sec.gov ( Mary Shapiro's office )

1-800-SEC-0330

I wrote them. What happened today is a crime. Even if it was only for 2 mins, they killed a lot of good people. I'm glad I didn't have a stop loss or else I'd have been killed too. Let's get some real reform going.

[KingFreep]

Good job guys! Has anyone ever seen shawshank redemption? Do you remember how the guy would send a letter a day asking for books for the prison library? Remember when those books came in and the letter read to "please stop writing now"

Same thing here. We need to write every day. Even if it is the very same letter. To stop the hoard of letters, they will not only investigate, but they will hang someone publicly by the gonads to prove they have solved the problem.

Of course after that, we will need to send two letters a day! To make sure it never happens again.

They don't listen to us. They do listen to you, Brandon. Keep up the chatter. When your name is added to the Rolodex, we'll be heard.

[SiriusXMInvestor]

Good job guys! Has anyone ever seen shawshank redemption? Do you remember how the guy would send a letter a day asking for books for the prison library? Remember when those books came in and the letter read to "please stop writing now"

Same thing here. We need to write every day. Even if it is the very same letter. To stop the hoard of letters, they will not only investigate, but they will hang someone publicly by the gonads to prove they have solved the problem.

Of course after that, we will need to send two letters a day! To make sure it never happens again.

I hope you mention the manipulation by ISEG and the lack of SEC enforcement on Friday during your interview for the documentary. Without discussing this criminal activity publicly renders the entire movie production useless.

[bananaz]

This back from my complaint:

*PLEASE DO NOT REPLY TO THIS MESSAGE*
Dear Sir or Madam:
Thank you for your recent e-mail to the group electronic mailbox of the Division of Enforcement at the United States Securities and Exchange Commission in Washington, D.C. We appreciate your taking the time to write to us. This automated response confirms that the Division of Enforcement has received your e-mail. You can rest assured that an attorney in the Office of Internet Enforcement will review your e-mail promptly.

We are always interested in hearing from members of the public, and you may be assured that the matter you have raised is being given careful consideration in view of the Commission's overall enforcement responsibilities under the federal securities laws. It is, however, the Commission's policy to conduct its inquiries on a non-public basis -- so this may be the only response that you receive. If your complaint is more in the nature of a consumer complaint (such as a dispute with your broker or a problem with your brokerage or retirement account), you should contact our Office of Investor Education and Assistance -- they may be able to help you. You may reach the Office of Investor Education and Advocacy via telephone at (202) 551-6551or through the Web at HYPERLINK "http://www.sec.gov/complaint.shtml ".

The Commission conducts its investigations on a non-public basis to preserve the integrity of its investigative process as well as to protect persons against whom unfounded charges may be made or against whom the Commission determines that enforcement action is not necessary or appropriate. Subject to the provisions of the Freedom of Information Act, we cannot disclose to you any information which we may gather and we cannot confirm to you the existence or non-existence of an investigation, unless made a matter of public record in proceedings brought before the Commission or in the courts.

If you are unsure where you should direct your inquiry or you want to learn more about how the SEC handles inquiries and complaints, please visit the SEC Complaint Center at HYPERLINK "http://www.sec.gov/complaint.shtml".

Should you have any additional information or questions pertaining to this matter, please feel free to communicate directly with us at HYPERLINK "mailto:enforcement@sec.gov".

We appreciate your interest in the work of the Commission and its Division of Enforcement.
Very truly yours,
S/
John Reed Stark
Chief, Office of Internet Enforcement
United States Securities & Exchange Commission