Subject: File No. S7-08-09
From: G D

May 13, 2009

If you are proposing limits and uptick rules, why should this only apply to price declines?
Can shares only be allowed to go up in value with no limits?
If you agree to this shorting and downtick curbs then I suggest you apply a downtick rule for anyone wanting to go long and also daily curbs on price rises.
Are you seeking to promote another bubble like the last dot com, or housing one? Change it to a stock market bubble again
Other countries don't have uptick rules at all, they are a thing of the past.
Shares that go down often go down because the company is dreadful with no earnings, you want to fool people into thinking it is okay by curbs?

Apply rules fairly not unequally