Subject: Comments for File Number S7-12-11

May 23, 2011

Iím writing because my family and I were affected by the economic collapse of 2008, and we donít want it to happen again.

One way to change the incentives so Wall Street doesnít collapse our economy again would be for regulators to set up a way for shareholders to grab back ill-gotten gains.

If it turns out that the profits in a given year were built on shoddy practices that become clear in the out-years, those bonus payments should be forfeited.

We have lost our pension money and have not recovered in our IRAs. We are on pensions and have difficulty living on fixed incomes with bank CDs paying almost zero and prices going up. We have lost faith in our system and you are the people who are supposed to keep things honest. Will you act to put some of these bankster crooks in jail before the statute of limitations runs out?

Thank you for considering my comment,

Victor Sudik