Subject: File No. S7-08-09
From: JoAnn K Moreschini

June 17, 2009

Please re-instate the uptick rule as many short sellers take advantage of the stock market going down. Also many short sellers who day trade bash a stock which scares new stock holders into selling early. New investors are learning. This stock market is a jungle of thieves. Please make it better.

JoAnn Moreschini