Subject: File No. S7-08-09
From: Steven G Orgel, Esquire
Affiliation: Retired

June 1, 2009

Please reinstate the uptick rule. I know that my stocks have been targeted by short sellers over the past year and that I've been hurt. These people are simply working the system, forcing values down, while I and others are investing in US companies. Eliminating the rule has been a mistake.
Thank you. Steven Orgel