Subject: File No. S7-10-04
From: lawrence j guli

April 5, 2004

Allowing ANY market maker to violate the trade-through rule is giving them a license to rape and pillage. the only protection I have, as an individual investor and trader, is the trade through rule. It assures me that I am going to get the best price on each of my transactions Do not put the interests of the big fund players ahead of the millions of individuals who depend on this process to get the best price