Subject: File No. S7-08-09
From: Donald E. Warden, Sr.
Affiliation: Retired

August 18, 2009

Not only do I support the "above bid short selling rule" but to regain the confidence of the small investor something must be done to halt naked shorting in any stock listed on United States' exchanges.
These large banks, like Goldman, and many hedge funds make a mockery of any past attempts with their speed trades and shorting.
Not only will they drive the small investor out of the market but by their manipulations they are driving small companies out of business.
As an investor of over 30 years I have lost confidence that government will again make the US a nation that people believe plays by the rules.
Hoping that you will be more successful than your predecessors.

Donald E. Warden