Subject: File No. 4-581
From: Jeff D Waye
Affiliation: Financial analyst

May 4, 2009

Naked short selling has aided in this market crash. Bringing back the uptick rule is completely necessary for recovering in this recession. It is proposterous that this rule that has been around for 70 years and was revoked by a deregulated SEC. Please, as an active trader I begging you to bring back this rule to aid in establishing equilibrium in this market. This is quite possibly one of the best things that this administration could do for the future of the economy. If the uptick rule remains on the sidelines the market will never stabilize.