From: Emerson R. Marks, Jr.
Sent: May 15, 2006
To: rule-comments@sec.gov
Subject: File No. SR-NASD-2003-158


Dear Staff:

Please reject the NASD's request for "Acclerated Approval" of Rule Filing SR-NASD-2003-158 and require it to publish the its proposal for public comment.

Sincerely,

Emerson R. Marks, Jr.
Emerson R. Marks, Jr., P.L.C.

302 Park Street, Suite 201
P.O. Box 677
Charlottesville, VA 22902-0677
Tel 434-295-1755
Fax 703-738-7288