Subject: File No. S7-08-09
From: Judith R Smith
Affiliation: Retired

May 5, 2009

To the SEC
Please re-instate the uptick rule as soon as possbile.Investors need to have a level playing field. The dishonesty and terrible behavior of 'naked short-selling' short selling period needs to stop I don't believe a circut breaker or modified rule is satisfactory.
Thank you