Subject: File No. S7-08-09
From: David C Turansky
Affiliation: Attorney individual investor

May 5, 2009

It should serve as no coincidence that the steep recent market declines followed the repeal of the uptick rule. The uptick rule should be reinstated in its original form, as soon as possible. Had the previous administration not been asleep at the wheel, it would never have been repealed to begin with.