Subject: Comments for File Number S7-12-11

May 24, 2011

I'm writing because my family and I were affected by the economic collapse of 2008, and we don't want it to happen again. I think it is unacceptable for bankers to being profiting inordinable amounts of money while so many others are suffering!

One way to change the incentives so Wall Street doesn't 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.

Thank you for considering my comment,

Dan Dickinson

Bellingham, WA