Subject: File No. S7-08-09
From: Anne M Gelatka

May 5, 2009

- Short selling, should be outlawed, made illegal. The average, the beginner, the retired investors are the victims of this practice. It only benefits the hedge funds and greedy investors who want to make a fast surefire killing at the expense of the Company it is shorting and its'investors. Unless the SEC is willing to protect the Average investor by leveling the playing field, the ordinary investor will be unwilling to risk, life savings, pensions and 401Ks'to the mercies of the hedge funds.