Subject: File No. SR-NASDAQ-2006-013
From: Evan E. Clingman, Ph.D.
Affiliation: Dean Emeritus, The American Institute for CPCU and Insurance Institute of America

January 5, 2007

I urge the SEC to insist that market data be made available to individual investors on the same terms that it is to institutional investors, and that such market data be provided by the exchanges without charge. I feel that their decision to become a for-profit operation rather than continue as a service organization should be challenged vigorously. Evan E. Clingman, Ph.D.