From: Mark A. Tepper
Sent: May 15, 2006
Subject: File No. SR-NASD-2003-158

Dear SEC:

I write to ask you to reject the NASD's request for "Acclerated Approval" of Rule Filing SR-NASD-2003-158 and publish the NASD's proposal for public comment.

Public comment is an important part of the rule making process. Time for comment may disclose the flaw, that accelerated consideration would miss. The rule changes have wide impact and deserve time for consideration to avoid the appearance of impropriety.

Very truly yours,
Mark A. Tepper
Mark A. tepper P.A.
3109 Stirling Road
Suite 101
Fort Lauderdale, FL 33312
954 961 0096
fax 954 961 0990