Subject: Reinstate the "Uptick" rule for short sales

September 15, 2008

Market volatility and damage to the portfolios of average investors has increased exponentially since the removal of the short sale "uptick" requirement. I cannot understand the logic behind rescinding the uptick rule, and we now see most people wondering why their life's investments are in constant jeopardy. Reinstatement of the uptick rule must be done to prevent a mass, untethered free fall every time a new rumor is circulated.


Walter Yasiejko