Subject: File No. S7-08-09
From: walter g reeve

June 16, 2009

I know from experence, that short sellers work together to rob investers. I have had stock in amsc for 15 years, and have seen a good start up company with a much needed super conducting wire kept from helping our nation. because short sellers have been able to take millions of amsc investment dollars by driving the stock up and down at there will. when Harvey Pitt was head of SEC he was working with the short sellers to rob billions from peoples retirement funds. Rich investers will do anything to rob retirement funds. And if you are going to do nothing to stop it. then at least let people know they will probabley get robed. And quit helping the short sellers by giving the working people false hope that they have the regulators on their side. So please bring back the uptick rule. thanks walter reeve