Subject: Suggested Change s7-26-08

March 11, 2009

Dear Chairman Schapiro,

I would like to encourage you to reestablish the up tick rule. I believe this will assist in bringing stability and balance in the equity markets.

It is much easier to create an aura of fear and doubt than confidence and optimism. I would argue that the practicality of the up tick rule was proven over the many years that it existed.

Thank you for your time.


Christopher Pace (U.S. Citizen and investor)