Subject: Comments for File Number S7-12-11

May 19, 2011

As a senior, I was & am badly affected by the economic collapse.

Bonuses? Stock options? Stop it all. Stop the insane greed by going to good raises if these people perform well. NO ONE is worth the money these immoral people get. We need to get back to sensible regulation of all the laws pertaining to banks & wall St. leaving no loopholes.

Thank you.

Barbara Baird