Subject: File No. S7-26-08
From: Shallon D. Fontanez

October 9, 2008

Dear Christopher:

Please explain to me why short selling has been reinstated in light of these difficult times. Short selling is driving out company stock down to the ground. Reinstate the up tick rule instead of the short selling policy.


Shallon D. Fontanez
Sr. Reg'd Client Service Associate,
Morgan Stanley-Global Wealth Management