Subject: File No. S7-11-09
From: Jack Courtney

July 8, 2009

Please leave the Money Market Funds rules alone. They don't need to be "reformed".

All you need to do is do your job of monitoring the fund companies (Vanguard, Fidelity, etc.), by having them submit electronic statistics, every day, if needed, for your computers to analyze and red-flag any that need personal human attention.

We retirees are having a hard enough time getting decent interest paid on our MMFs as it is. More regs will mean higher expenses and even lower returns.

Just do your job enforcing the current rules.

Thanks for the opportunity to comment.