Subject: File No. S7-08-09
From: GAYLON W BOSHEARS

May 8, 2009

ELIMINATING THE UP TICK RULE GIVES THE IMPRESSION THE SEC FAVORS THE PROFESSIONAL TRADER INSTEAD OF PROTECTING THE INDIVIDUAL INVESTOR. THE AMERICAN PUBLIC HAS LOST MONEY AND CONFIDENCE IN THE MARKETS. PLEASE REINSTATE THE UP TICK RULE THAT WORKED FOR MANY YEARS.