Subject: Suggested Change s7-26-08

March 11, 2009

Dear Chairman Schapiro,

I would like to encourage you to reestablish the up tick rule. I believe this will assist in bringing stability and balance in the equity markets.

It is much easier to create an aura of fear and doubt than confidence and optimism. I would argue that the practicality of the up tick rule was proven over the many years that it existed.

Thank you for your time.

Sincerely,

Christopher Pace (U.S. Citizen and investor)