Subject: File No. S7-08-09
From: Josh Knapp

May 6, 2009

Please save (what remains of) our hard earned investments.

Stop the bear raids.

Stop the SKF type ETFs.

Stop naked short selling.

Bring back a 70 year old rule that WORKED, as well as added stability to the stock market.


The amount of capitol these practices have taken out of the American pocket will not be made up for many, many years, if ever.

The amount of damage these practices have caused has destroyed lives, not of the rich, but of the common hard working people who form the backbone of this great country.

It is your patriotic duty to protect the American public from unscrupulous money managers and traders who will try to make money at any cost regardless of the damage it causes.

Thank you for your time.