Subject: File No. SR-NASDAQ-2006-013
From: Guy A Caruthers
Affiliation: Navy Civilian

December 21, 2006

I find it hard to understand how individual investors can have a level playing field with institutional investors when exchanges are allowed to charge fees for quote and book data. In the interest of fairness, I would think the SEC would treat this information as something for the public good and demand the widest possible availability.

Sadly, with the new NASDAQ fees, this doesn't appear to be an opinion shared by the SEC. Shame on you.