From: Scott Fagin [SFagin@JeffreyMatthews.com] Sent: Friday, January 09, 2004 9:08 AM To: rule-comments@sec.gov Subject: File No. S7-30-03. Gentlemen: I write to comment on the proposed changes in what I will term privacy notification. I represent a small NASD B/D. Each new regulatory requirement/change imposes overhead, both in direct costs and management time. We would like whatever wording is ultimately ordained to then be sanctioned by our regulator (NASD) and made available to us in a Word file. A standard short notice would be our preference. We would also appreciate whatever procedures are necessary to be spelled out in advance so that we do not have to scramble to be in compliance. Thank you for your consideration. Scott Lynn Fagin CCO/CFO The Jeffrey Matthews Financial Group, LLC 290 Millburn Avenue Millburn, NJ 07041 973 467-1223