From: Jonathan W. Evans, Esq.
Sent: May 15, 2006
Subject: File No. SR-NASD-2003-158

Re: Proposed Code of NASD Arbitration Procedure & Opportunity to Comment

I understand that NASD has filed its 5th amendment to the proposed CAP, and that it has requested expedited (accelerated) approval. In view of the millions of investors this Proposed CAP could impact, it is ABSOLUTELY imperative that the public have an opportunity to carefully review it and comment on it, prior to SEC taking any action. To deprive the public of this opportunity, could cause irreparable harm to the millions who this CAP might effect, and this would be totally unacceptable.

Jonathan W. Evans, Esq.
Jonathan W. Evans & Associates
12711 Ventura Blvd., Suite 440
Studio City, California 91604
Tel (213) 626-1881  (818) 982-1881  (800) 699-1881
Fax (213) 626-1882