Subject: File No. 265-25-05
From: Gregory Loudermilk

October 8, 2010

Perhaps by placing a "Mandatory Minimum Time Limit" where all trades placed must be left for "One Second" before they can be cancelled or changed, would prevent High Frequency Traders and others from being able to manipulate market prices and add some fairness in the markets for the small traders like myself.
After seeing the May 6, 2010 market movements, I feel that if some entity is able to move the markets in that manner once, then it could happen again. As a small investor, this is more than I care to accept. The circuit breakers are a start.
I respectfully ask that you make more changes to even the playing fields for us small investors.

Thank You for Your time:
G. Loudermilk