Subject: File No. S7-08-08
From: Robert H Hipkins
Affiliation: n/a

March 28, 2008

I would like to voice my opinion on the elimination of rule 201.This has been a disaster for indivual investors,mutual funds and the 401k accounts of world wide investors.
To me it seems as an investor in stocks and mutual funds it is grossly unfair to have stock valued not on their performance alone but at the mercy of hedge funds short sellers and bear raids to drive prices down to serve the intrests of a small group of unscruppulous greedy manipulators. We need a level playing field or leave the markrt to that just try to rip us off.