From: "Patty Greenwood" To: "SEC Help" Cc: Subject: Re: SEC Response - File HO1323812 Date: Tuesday, April 07, 2009 6:16 PM Please, Lets reinstate the rules the way they were, if it cannot be policed increase the required uptick spread and when the rule is violated make the punishment have some teeth. If nothing else this will help keep the short sellers from continually driving down equity prices for their own gain. A backstop that takes effect only when an equity drops a certain percentage will not solve this problem. The problem is the continual slow calculated drain, and I for one will never have any confidence in the integrity of this "free" market until this is corrected. Tom ----- Original Message ----- From: "SEC Help" To: "Greenwood, Tom" Sent: Tuesday, March 31, 2009 6:11 AM Subject: SEC Response - File HO1323812 Dear Mr. Greenwood, Thank you for your comment on the uptick rule. The Commission has announced that it will consider proposals relating to short sale price tests at an open meeting scheduled for April 8, 2009. The meeting will be webcast from the SEC's website at www.sec.gov/news/openmeetings.shtml. Should the Commission vote to publish a proposal for comment, a comment file for the rulemaking will be created once the proposal is published by the Commission. Your comment will be placed in that file. Sincerely, Office of Investor Education and Advocacy U.S. Securities and Exchange Commission From: Patty Greenwood Sent: Saturday, March 21, 2009 9:15 PM To: TradingAndMarkets Subject: uptick rule I would like to express my opinion regarding the Uptick rule that was abolished July of 2007, having personally observed the market volitility increase almost to the day that the ruling was made to remove the uptick rule I would say that it had a significant effect on the markets. I would also tend to believe that this was one of the contributing factors in the eventual colapse of the general market and in tern the economy. I have become increasingly frustrated watching my investments crushed by what would appear to be attacks and manipulation by shorting hedge funds. I personally think that shorting a stock in general contradicts the fundimental spirit of investing, but the ability of these so called investors to artificially drive down stocks to the point that they put companies out of buisiness is destroying this country and its citizens wealth for the riches of a few. Thank you for your time. Tom Greenwood Terra Ceia, FL