Subject: File No. S7-08-09
From: David Grant
Affiliation: P. ENG, CEO of 2 Public Companies

May 16, 2009

This mess was created largely by the SEC removing the Uptick Rule. I am in favor of the immediate return of the uptick rule( no modification) and the banning of any short selling in times of stress( a circuit breaker). What you pepole have done is condoned the most significant destruction of confidence and value in history. Regaining any confidence in the SEC and Gov in general from the investing public will be difficult for years( since all the changes benefited nobody but the Hedge Funds and other Masters of the Universe) but changing these rules to what they were since 1937 would be a good first step.