Subject: File No. SR-NASD-2006-124
From: Philip C McMorrow, CFP
Affiliation: President, Cantella Co., Inc.

December 21, 2006

I have been actively involved in the securities business since December, 1971. I have never received an inquiry from a member of the public concerning SIPC coverage over that time span, to the best of my knowledge. I believe the proposal would have little if any beneficial impact, since I would propose for your consideration my theory that those who are interested can easily find out what SIPC means to them as investors and those who do not particularly care would ignore any statement message regarding the availability of SIPC information. I would counter with a proposal that the requested information and a link to SIPC be mandated for inclusion in a member firm's public web site.
Thank you for your consideration.

Philip C. McMorrow