Subject: Comments for File Number S7-12-11

May 19, 2011

The financial collapse of the past few years nearly sent the US and the world into another Great Depression. Fortunately, it's only the "Great Recession"! However, the same short-sightedness, selfishness, and greed that got us into this mess continues.

We cannot change human nature. We can, however, enact laws and policies that will protect the people -- the common people, the ones whose savings, jobs, and homes were blown to bits -- from the depredations of the powerful and conscienceless.

Please act immediately to curb the nauseating practices wherein those who caused the collapse continue to profit to obscene degrees. The citizens of this country and countries around the world are counting on you for protection and decency.

Thank you.

Judith Smullen