Subject: File No. SR-NASD-2006-113
From: Gary Harpst
Affiliation: CEO Six Disciplines Corporation

February 24, 2007

The effect of this regulation is to reduce the amount of information available to investors thereby increasing investment risk, not descreasing it. Less regulation is better for a more efficient and effective capitial formation process. The US is becoming a business and investment unfriendly nation with regulations like this and Sarbannes Oxley. Quit trying to protect people from the consequences of their decisions.