Comments on NASD Rulemaking

Notice of Filing of Proposed Rule Change and Amendment No. 1 thereto by the National Association of Securities Dealers, Inc. Regarding Improved Nasdaq Opening Process

(Release No. 34-49842; File No. SR-NASD-2004-071)

• Kim Bang by R.D.B., President and Chief Executive Officer, Bloomberg Tradebook LLC, July 13, 2004 (File name: bang071304.pdf)

• James P. Selway III, Managing Director, White Cap Trading LLC, July 7, 2004 (File name: selway070704.pdf)