Subject: File No. SR-NASDAQ-2006-040
From: Judith A Lindsay
Affiliation: Retired IRO

December 10, 2006

To Whom it May Concern:

NASDAQ, as an innovative force in the marketplace, is taking another step towards redefining the value of a public listing on their market. As the Exchanges increasingly move toward NASDAQs electronic trading model, it will become more apparent that their model of customer service and product resources will be a true differentiator. Just as NASDAQ has done with electronic trading, offering a service bundle would bring needed competition for service and pricing, which can only benefit NASDAQ-listed companies. Companies are under no obligation to use any particular service within this service bundle, but they will have the choice to try something out without an additional cost.

Thank you,