Subject: File No. S7-08-09
From: Stephen Walker

May 4, 2009

Something must be done to control the practice of short selling. I'm not sure what the best solution may be, but something must be done. The average investor will not regain faith in the markets until they are convinced that they cannot be manipulated unfairly. We've all seen what the lack of regulation of the banking and real estate loan industry has done for America in the last few months. I believe controlling short selling is only one of many steps that must be taken if America is to recover from the current recession. If I had it my way, there would be no such thing as short selling.