SR-BSE-2002-15From: Thomas, Grady [Grady.Thomas@interstategroup.com] Sent: Monday, September 08, 2003 11:40 AM To: rule-comments@sec.gov Subject: SR-BSE-2002-15 8 September 2003 Mr. Jonathan C. Katz Secretary Securities and Exchange Commission 450 5th Street, NW Washington, DC 20549 Re: SR-BSE-2002-15 Dear Mr. Katz: We wrote in March of 2003 urging the SEC’s approval of the BOX platform. We wish to reiterate our support. In reviewing the BOX platform, we believe it offers the possibility of providing superior execution capabilities relative to other electronic exchanges (ISE). The greatest advantage of the BOX platform is more exposure to a greater number of market participants, which should, in turn, provide for greater opportunity for price improvement and liquidity. This has become an issue with which all market participants are concerned in recent months. The ability to execute even complex option strategies, at the best price provided by the largest grouping of participants at reasonable costs, leads us to believe that the BOX platform will become a market of choice for a large portion of the investing public. BOX has been under consideration conceptually for 3 years and with written proposal for 1 1/2 years. We request the SEC move forward with approval. Sincerely yours, Grady G. Thomas, Jr. President The Interstate Group Division of Morgan Keegan & Co., Inc. 4201 Congress Street, Suite 450 Charlotte, NC 28209 800-334-1253 GGT/jf ************************************************************************************************** Morgan Keegan & Co., Inc. DOES NOT ACCEPT ORDERS AND/OR INSTRUCTIONS REGARDING YOUR ACCOUNT BY E-MAIL. Transactional details do not supersede normal trade confirmations or statements. The information contained in this transmission is privileged and confidential. It is intended for the use of the individual or entity named above. The information contained herein is based on sources we believe reliable but is not considered all-inclusive. Opinions are our current opinions only and are subject to change without notice. Offerings are subject to prior sale and/or change in price. Prices, quotes, rates and yields are subject to change without notice. Morgan Keegan & Co., Inc., member NYSE, NASD and SIPC, is a registered broker-dealer subsidiary of Regions Financial Corporation. Investments are NOT FDIC INSURED, NOT BANK GUARANTEED and MAY LOSE VALUE. Morgan Keegan & Co., Inc. reserves the right to monitor all electronic correspondence. http://www.morgankeegan.com **************************************************************************************************