Subject: File No. S7-08-09
From: nan krish

October 27, 2009

Wish to suggest SEC study the pattern of trading on any stock before a downgrade by an analyst / broker. Study big money shorting stocks a week to a few days before the downgrade. Note the big money and the analyst/broker names. You will find the same big money assuming short positions just before a downgrade of many other stocks. Co-incidence? It is for you to find out. Especially true on downgrades a week to a few days before equity options expiration. You would be amazed how often this pattern of trading has occured and continues to occur. Feel SEC should allocate some resources and time to investigate if there is any collusion between big money and analyst downgrades. You would be surprised of the results