Subject: Uptick Rule

February 1, 2009

Dear Chairman Mary Schapiro,

One of the biggest errors in judgment of the last Administration was the withdrawal of the uptick rule. It has led to unnecessary ravages in the financial markets. Sound stocks have been damaged. Pension Funds, personal savings and much more have been decimated. The question is to whose gain It is time to create rules to protect the average American and their savings.

"Naked" short selling has been unfairly used by crooks to take advantage of us all without any consequences to those crooks doing so. There is nothing free about our markets that will see the normal investor want to come back in if changes are not made.

Please reinstate the uptick rule before it is too late.

Thank You,

Debby and Dave Lawrence