Subject: File No. SR-NYSE-2011-20
From: Todd C Allen, CFA
Affiliation: Investor Relations Professional

May 19, 2011

I am surprised that such a program is allowed to proceed in light of the very limited field of competitors providing services to the investor relations community and the tremendous market share concentration controlled by Thomson Reuters. It clearly disadvantages smaller competitors and further perpetuates and extends Thomson's near-monopoly position in this space.