MEMORANDUM

To: File No. 10-131
File No. SR-NASD-2005-087
From: Peter Uhlmann
Date: December 8, 2005
Re: Meeting with representatives of the New York Stock Exchange


On December 8, Peter Uhlmann, Senior Adviser to the Chairman, met with representatives of the New York Stock Exchange to discuss the views expressed in NYSE's comment letters on the above-referenced rule proposals. Attending the meeting were Linda Rich and Robert McSweeney of the NYSE.