Subject: File No. SR-FINRA-2007-021
From: Joseph F Myers, Esquire, CPA

April 9, 2008

-I am in favor of the new rule because it will disallow motions to dismiss on statute of limitation grounds before a hearing on the merits is held. However, I prefer that motions to dismiss based on statute of limitation grounds be prohibited at all stages of an arbitration hearing,even after the hearing, since statutes of limitatation, except for the 6-year eligibilty period, pertain only to court proceedings and not to an arbitration which is an equity and not a legal remedy.