Subject: File No. 4-581
From: James R Clauson
Affiliation: Small Investor

May 29, 2009

Please reinstate the uptick rule as it was for many years before the Bush administration. Also please enforce tne naked short selling law.
I think the lack of the uptick rule and not enforcing naked short selling was the major cause of the failure of several of the large financial instutions. It cost me a good amount of money, but more important cost the taxpayers Billions. (The failures of the last administration changed me from a Republican into a Democrat)
Please give us small people a level playing field again.
Thanks,
Jim from Kentucky