From: Richard Lavoice [r.rlavoice@verizon.net]
Sent: Sunday, June 29, 2003 8:14 PM
To: rule-comments@sec.gov
Subject: Re:SR-NASD-2002-168

The rules on expungement are already very difficult, arbitration panels
rarely grant them and then you have the second hurdle of Superior Court. In
particular Branch Office Managers and Compliance Managers who are being
named in almost half the cases in recent times are being unfairly punished.
These records make it very difficult to get employment even if the case was
dismissed at any stage, arbiter or by the Plaintiffs prior to hearing.
Anyone can make an allegation, why should innocent people be scarred with
the Scarlet letter?

The expungement proposal should be killed or significantly modified.

Regards,

Richard LaVoice 310-994-8754