Subject: File No. S7-36-11
From: Anthony J Travaglione

September 11, 2011

Level the playing field, stocks should ascend on demand not gaming. Give the investor a reason to go back to buy and hold which is not the case today. At present investors are at the mercy of day traders, hedge funds. manipulators with powerful tools to move a stocks price in their desired direction.
Bring back the uptick rule. Make the decimal .05 instead of .01, and whatever else is at your disposal that will take gaming tools away from the manipulators, and give the investor confidence to get back in the market.