Subject: Comments for File Number S7-12-11

May 24, 2011

BofA is raising their prices on checking accounts and overdraft. And after a record profit while Americans continue to suffer from the depredations of BofA and other financial institutions, we and YOU know they were kept on their feet with OUR money. Why is a bank raising fees when it is already filthy successful and owes its survival to US who they are charging and disrespecting.

Once was enough. This pattern of financial abuse and speculation to acquire more and more is gluttony. You have the power to place regulations to prevent banks from repeating the behavior which brought us to their rescue when they brought US to our knees. DO IT. Whatever bribes, threats or demands they offer: regulate. These banks are run by people who are without regard to the rest of us and we will not again let them rule us. Stop making this an oligarchy. Reel in bank greed.

Kelly Burch