Subject: File No. S7-12-11
From: Eugene Peterson

May 28, 2011

I’m writing because I am damn mad!

Wall Street operations do not differ substantially from those of the gambling industry, which is a blight on the world, but probably better regulated.  At least the fools losing their shirts, know that they are gambling against the odds.

It is unacceptable that we allow the Wall Street gamblers to enrich themselves at the expense of the economy

Thank you for considering my comment,

Eugene Peterson

Santa Barbara, CA