Subject: File No. SR-NASD-2007-023
From: charles botzum, iii

March 29, 2007

why does the sec not require small nasd firm representation in an amount equal to their presence on the new board.this appears to be just another grab for money power by the big firms. for any monopoly to work ,first competition from small alternative firms must be eliminated . this will allow for unfair practices against small brokers the small client. I give you the example of DTC or Lost and Stolen Securities Program which transfer agents (Big Banks) dont belong to or report to. Why isn't pressure being put on DTC to handle withdrawls in the same timely manner as the settling of trades i.e. first come first served.