Subject: File No. S7-08-09
From: JOHN M HATFIELD

May 4, 2009

Please bring back the old "up tick" rule. It worked for over 70 years. Average people are now responsible for their own retirement, please give us a chance. Hedge funds have hurt peoples retirement with naked short selling. The SEC was wrong to ever get rid of it. Please listen to the average investor, we have too much at stake.