Subject: File No. S7-08-09
From: John L Stanton

May 26, 2009

I am for reinstating the uptick rule, as it was, prior to its repeal in 2007. I have yet to hear a reasonable argument for why this was repealed in the first place, and how this made the equity capital markets better for the investor, yet the reasons for keeping this rule in place are numerous.

Reinstate the uptick rule