From: Dale Ledbetter
Sent: May 15, 2006
To: rule-comments@sec.gov
Subject: File No. SR-NASD-2003-158


amendment no.5 to the code rewrite(filing2003-158) should be opened for public comments. the issues at stake are too important to be adopted without proper public input.

thank you

dale ledbetter

Dale Ledbetter
Adorno & Yoss
350 E. Las Olas#1700
Fort Lauderdale,Fla. 33301
954-766-7875-Fax 954-766-7800
dledbetter@adorno.com