Subject: File No. S7-08-09
From: James T Fong
Affiliation: retail investor

May 11, 2009

I strongly recommend we reinstate the traditional uptick rule required before any short selling, I agree with implementing a specific circuit-breaker rule to defend select stocks under attack, and I strongly recommend NO naked short-selling any stock sold short must be owned. Without these safe-guards, stock market manipulation will be improperly encouraged.