Subject: S7-08-09

April 20, 2009

Please find the wisdom to reinstate the uptick rule. The removal of this rule has caused a great deal of volatility in the market and only short sellers have profited. It shouldn?t be legal to say you will sell a stock at a later date for a reduced price (selling short) without owning or having bought an option to buy the stock. I can't imagine that anyone with the hindsight of what has happened since July 6, 2007 would not be in favor of this regulation.
Thanks you for the opportunity to express this opinion, Christpher Gereg