Subject: File No. S7-08-09
From: JIM P

May 4, 2009

Please--At the very least, restore the uptick rule and "no naked shorts". There is entirely too much manipulation vs. honest INVESTING in my opinion. Mutual funds, long term investors, and honest,hard working people have been terribly damaged by the day traders and short term stock buyers/sellers---and manipulation is a natural by product of the process. Also, too much manipulation appears to take place in the media like CNBC and a few others.Again, this is my opinion based on many hours of viewing. Honest reporting and opinions are fine---but some of the commentary and subtle remarks should be investigated if/when manipulation might be involved. Thank you Jim P.