Subject: S7-08-09

April 10, 2009

In favor of regulations prohibiting short selling. Have heard of hedge funds who short sell and manipulate the market by dumping stock depressing price of stock after placing bets the stock price will go lower. This should be illegal just as insider trading is.

Also, why isn't there more prosecution of executives who knew they were selling worthless derivatives? This is fraud. Plain and simple. I'm hearing about prosecutions against relatively small fish. Start going after the big ones.