Subject: File No. S7-08-09
From: Steven G Daniels
Affiliation: President SGD Consulting Services, Inc.

May 5, 2009

Please restore the Market-Wide, Permanent Approach, Proposed Uptick Rule. The SEC needs to restore confidence back to the markets. Along with enforcement preventing naked shorting, the uptick rule will help prevent the overwhelming downward spiraling of stock prices as seen during the past year.