March 4, 2009

Subject: File No. S7-08-09

I'M a shareholder in General Electric and have watched the past couple of days of carnage to the shares. Financial websites are calling this a bear raid, much like what happened to the financials last year.

Do you ever intend to bring back the uptick rule? This has been a staple of the markets since the 1930's. I am only hoping that under the new administration common sense will prevail.

Thank You and Good Luck,
William Budds