Subject: File No. S7-08-09
From: Sam Peterson

August 23, 2009

Dear SEC Chairman,

I oppose the alternative uptick rule.

I support the ban on naked short selling. I think the ban on naked short selling and strict enforcement of that ban goes far enough in ending abusive short selling.

If the alternative uptick rule is passed, then I hope it will apply to all market players. I oppose market makers, specialists, or any other party being exempt from the rule.

We need a fair and transparent market in which no one receives preferencial treatment.

Sam Peterson