Subject: Uptick Rule

January 31, 2009

Madam Chairperson:
I fully support reinstatement of the uptick rule. I don't believe the SEC should be a silent partner to hedge funds bilking billions by indiscriminate shorting. It is also time to start prosecuting naked short sellers of gold, silver, and shares. They have gotten away with this illegal activity long enough. Sincerely,
Richard E. Pfeifer