February 1, 2009
Dear Chairman Mary Schapiro,
One of the biggest errors in judgment of the last Administration was the withdrawal of the uptick
rule. It has led to unnecessary ravages in the financial markets.
Sound stocks have been damaged. Pension Funds, personal savings and much more have been
decimated.
The question is to whose gain It is time to create rules to protect the average American and
their savings.
Please reinstate the uptick rule before it is too late. I have been badly damaged by illegal and
legal shorting.
Sincerely Henry Read