Subject: File No. SR-NASDAQ-2012-043
From: Frank Choi

April 13, 2012

This should not be allowed as the market becomes ever more distorted and tilted to those who create an unfair marketplace. Price discovery should not be based upon who can game the system more effectively, but rather on supply and demand. Furthermore, liquidity becomes even more relative.

Are you guys here to regulate and ensure a fair and even playing field or give into lobbyists and attempts at further destroying the credibility of the markets? I myself unfortunately am starting to believe the latter. Please reconsider your methods and sense of duty especially in a time where faith in government/regulation is at a low.

Thank You,