Subject: File No. S7-08-09
From: Leo J Spillane

May 31, 2009

It is scandalous to see market manipulators destroy my retirement accounts while the SEC stands by and does nothing. The repeal of the Uptick Rule was only one of the factors that allow coordinated bear raids to destroy the equity within financial institutions and thereby drive the stock even lower. However, a reversal of the this repeal is a great first step to show that the SEC recognizes some responsibility to the American Public.