Subject: File No. S7-08-09
From: john Hanson

June 23, 2009

The "up-tick" rule should be reinstated especially to help the little investor and the 401K people who cannot execute trades on a daily basis and have had thier retirement funds raided by Wall Street Short sellers and naked short selling. It is your job to make the investment community is fair and not taken over by greedy day traders/ managers that utilize short selling to kick in stop loss orders to continue a downward spiral.