Subject: Comments for File Number S7-12-11

May 24, 2011

I’m writing because my family and I were affected by the economic collapse of 2008, and we don’t want it to happen again.

Short-term incentives must go, or Wall Street gamblers will continue to wreak havoc on the nation's economy. We must not continue to encourage bad behavior. Please create regulations that force investors to focus on long-term economic factors instead of next-quarter payouts.

Wall Street should be changed from a casino back into a financial powerhouse.

Thank you for considering my comment,

Stewart Snider