From: Peter Buchta
Sent: July 18, 2005
To: rule-comments@sec.gov
Subject: File No. 4-502


Sirs

This Petition contains requests that are worthy of consideration and contains serious allegations that should be thoroughly investigated. Surely if a despute arises between a shareholder and brokerage firm, then one should expect an arbitrator who is knowledgeable in securities law to deal fairly and honestly with the problems that may arise.

Sincerely,

Peter Buchta