Subject: File No. S7-08-09
From: tom meehan

May 29, 2009

You must regulate "short selling" , better yet outlaw the practice.Many company's have suffered irreversible damage to their equities and needlessly.This only further erodes the scarcity of new investors but ultimately will result in more indebtedness and eventual decline of our country

You have to deal with the "up tick rule" ,NOW before it is truly TOO late