Subject: Comments for File Number S7-12-11

May 26, 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.

Of course, this suggestion assumes that the SEC will actually enforce the law. Your failure to do so was one cause of the financial collapse.

Thank you for considering my comment,

James Poisson

Wakefield, RI