From: James J. Eccleston
Sent: August 21, 2007
To: rule-comments@sec.gov
Subject: File No. SR-NASD-2007-021


August 21, 2007

I have practiced several years representing individual investors in disputes with the securities industry.

I write in support of the proposed amendment to Rule 12100(u). The amendment will help “cleanse” the pool of public arbitrators. This is long overdue, and should contribute significantly to both the perceived and actual fairness of SRO arbitration as a venue for resolving customer-member disputes. Accordingly, the proposed amendment to Rule 12100(u) is a step in the right direction which the SEC should adopt.

Sincerely,

James J. Eccleston

James J. Eccleston
Shaheen, Novoselsky, Staat, Filipowski & Eccleston
20 North Wacker Drive
Suite 2900
Chicago, Illinois 60606