Date:    01/29/2000  11:02 AM


Subject: SR-nyse-99-47
To the Secretary, Securities and Exchange Commission 
Regarding: SR-NYSE-99-47
     
I feel the proposed rule to up the minimum requirement from 2k to 25k is 
discriminatory to the small trader/ investor. And to raise it to 4:1 for 
the large investor doesn't make sense. Why is it ok  for the large 
daytrader to lose his money faster?  This seems to be a further effort 
by the big brokerage firms to make the small guy pay for larger spreads. 
The big brokerage firms appear to be doing all they can to expand their 
monoply of the market.
     
     
Yours,
     
     
     
Jon Grider