Subject: File No. SR-NYSE-2011-20
From: Patrick J. Healy
Issuer Advisory Group, LLC

June 28, 2011

A Message from Issuer Advisory Group, LLC
Corporate America's Leading Issuer Advocate and Market Expert

Hi Robert and David,

I noticed that the NYSE submitted a comment letter this week regarding Release No. 34-64506; File No. SR-NYSE-2011-20 associated with the allocation of various services to issuers. In their comment letter, the NYSE suggests that the vendor comments received to date are little more than protectionist measures. We have been gathering and assimilating issuer based reactions to the proposal and are crafting those into a consensus response. We will be receiving a couple of stray comments through Thursday. I am hoping that now that the NYSE has issued its reaction, we will still have a couple of days to file our response electronically. I would appreciate it if you could make sure that comments can be received electronically through the end of the week. We will submit our letter on Friday afternoon.

I hope that all else is well with both of you.


Patrick J. Healy, CEO
Issuer Advisory Group