Date:    02/02/2000  11:24 AM


Subject: File Number SR-NYSE-99-47 
Sir,
     
What about the trader with $20,000 and 3 years of experience.  Why 
are you punishing him or her with this rule?  Having lots of money in 
your account doesn't mean you can make better trading decisions than the 
little guy.  When I had 6 figures in my account, I made no trading decisions. 
It was just a computer game with occasional cash prizes.  Study, hard work 
and dedication make successful traders, not some arbitrary amount of money.
     
If the NYSE has this noble need to "protect" traders, let them begin by 
restricting margin for new traders, not little traders.  But I don't 
condone restricting anybody.  Trading is just another attempt at self-employment 
and we all have that right.
     
Ketayun Rustom