Subject: Welcome

January 30, 2009

TO: Securities and Exchange Commission (SEC) Chairwoman Mary Schapiro:

Dear Madam Chairwoman:

Please reinstate the UPTICK rule. As you are aware, this is one of the simplest but most important and effective initiatives that the SEC could undertake immediately to combat market volatility.

Best wishes in your new job.

Warm regards,

Joe Dougherty, Esq.