Subject: File No. S7-08-09
From: Matthew S Toczylowski
Affiliation: Retired Accountant

May 5, 2009

My recommendation is that the rule be reestablished. History will judge that a major part of the financial markets collapse of 2008/2009 was due to hedge funds interferring with normal market operations with their uncontrolled/unreportable "shorting" activity. They profited while the average investor lost LIFE SAVINGS

This should be an easy "fix" without any extensive government study or wasteful committee meetings. AND.....KEEP THE POLITICIANS OUT OF THIS This is market common sense.