From: J R Leming [jrnnell@telepak.net]
Sent: Saturday, December 15, 2001 8:20 AM
To: rule-comments@sec.gov
Subject: S7-14-01

In my opinion as a small investor subpenny price quotations is encouraging the MMs  
to step ahead of customer limit orders.  It has been seen time and time again 
that many Market Makers frequently continue to violate this rule.
 
A rule change that encourages Market Makers to "Step Ahead" of 
customer orders will greatly harm the operation of fair markets.
 
When a limit order is submitted the MMs step ahead of that order with one tenth of a cent
and this goes on all day long. 
 
I ask you this,  why implement a rule such as this and then not enforce it to protect the small
investor?
 
Thank you. J. R. Leming
                   Brookhaven, Miss.