Subject: File No. S7-08-09
From: keith b shaland
Affiliation: none

May 15, 2009

Proposed Uptick Rule: A market-wide short sale price test based on the last sale price or tick (a proposed uptick rule).

I believe the permanent solution above is best for our markets. There has been way too much piling on to drive prices into unrealistic panic declines by short sellers. I strongly believe this has artifically hurt many companies stock prices.