From: Steve Buchwalter
Sent: May 15, 2006
Subject: File No. SR-NASD-2003-158

I am an attorney who represents public investors in NASD arbitration cases. I have noticed that the NASD has requested accelerated approval for Rule Filing SR-NASD-2003-158.

This is a very important amendment and the persons affected (the public) should have an opportunity to respond.

I urge you to allow public comment on the proposed rule change.

Very truly yours,

Steve Buchwalter
Steve Buchwalter
Law Offices of Steve A. Buchwalter, P.C.
16133 Ventura Blvd., Ste 560
Encino, CA 91436

(818) 501-8987 Phone
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