Subject: File No. S7-08-09
From: John E O'Connor

May 9, 2009

Ladies/Gentlemen:

I'm retired and a comparatively small investor in the stock markets, who recently experienced price declines primarily caused by the unbridled short selling debacle. Please reinstate the old uptick rule or a reasonable rule that will protect investors in my class. And vigorously enforce restrictions against naked short-selling.

Very truly yours,

John E. O'Connor