Subject: File No. S7-08-09
From: Gene E Sperling
Affiliation: Pharmacist

May 4, 2009

Ms Shapiro

I am writing to appeal for full restoration of the up tick rule. I intend to write my US representatives and offer my comments.

I have heard rumors in recent days that you are leaning away from full restoration, and are looking at a watered down version. Please reconsider.

I also want to appeal for enforcement of 'naked' short selling.

I have personally felt the pain inflicted by these abusive practices.

They are currently used with Ultra Short raids to drive down market trends.