Subject: File No. S7-08-09
From: Jan E Shuster
Affiliation: Tax Preparer

May 6, 2009

1) Some form of meaningful uptic rule needs to be reinstituted.

2)The rules against naked short selling need to be inforced and the penalties large enough to discourage it. It has come to my attention that large institutions have been able to get around the rule by somehow continuely rolling over the trade.