Sent: Tuesday, June 25, 2002 7:40 PM Subject: SR NASD-2001-90 June 21, 2002 Mr. Jonathan Katz U.S. Securities and Exchange Commission 450 Fifth Street, N.W. Washington, DC 20549-0609 Regarding: Reference # SR-NASD-2001-90 Dear Mr. Katz, The ADF as it is proposed by the NASD sets the market back 20 years. The SEC will undo best-ex, order-handling rules, and will usher in another era of collusion and market manipulation. The work of Congress and the previous commission staff is quickly being undone. Don't let the NASD get their way. Yours, Amy Montague