Subject: SR-NASD-2004-183
From: Parley Flanery
Affiliation:

August 5, 2005

Jonathan G. Katz
Secretary, Securities and Exchange Commission
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-9309

Jonathan Katz:

I am writing to you because the principal review requirements and redundant suitability standards contained in NASD proposed Rule 2821 are unnecessary and will provide no meaningful additional protection to consumers. I urge the SEC to disapprove the proposal.

Sincerely,

Parley B. Flaneyr