Subject: File No. SR-NASDAQ-2012-043
From: Jeremiah OConnor, Iii
Affiliation: Trader

April 14, 2012

Please stop cow towing to high frequency trading. They are extremely detrimental to long term stability of all U.S. markets. How many more flash crashes can our financial system endure? I believe Ludwig Mises summed it up best when he said "Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire.". Please allow markets to operate equally for all involved.