Subject: File No. S7-08-09
From: Steven Chard
Affiliation: Teacher of Mathematics

April 27, 2009

Hello. I would like to voice my opinion on short selling. This practice should be banned. We all have choices and I understand that selling a company short is a choice. However, our economy and strength of companies in our country would greatly benefit if shorting a company's stock was eliminated. If an individual is not interested in a company they will CHOOSE not to purchase the stock. This will voice their opinion. Shorting a stock hurts a company in the worst possible way.

Please consider banning this process that is destroying the great county we know and love.

Thank you,

Steve Chard