Subject: Comments for File Number S7-12-11

May 23, 2011

I’m writing to share with you how the economic collapse of 2008, has effected me.

I lost half the value of my retirement account and have yet to make it up. The lack of funding for my small city have resulted in a great deal of infrastructure declining, with no funds to provide the needed repair or improvement.

Wall Street greed and outrageous pay practices were a major cause of the collapse and they should not be rewarded for this wrongdoing.

Changes are needed in how the financial markets are structured and regulated.

Thank you for considering my comment,

Lynda Pauling