Subject: File No. S7-06-04
From: Allen R Lakner

April 2, 2005

I am writing to comment regarding File Number S7-06-04. I have been recently made aware of the new and sweeping changes that this proposal would make. As an individual investor I regret not having been able to review it.

I respectfully request that you grant an extention of 30 days for the comment period, that I and other investors may review the proposal and intelligently comment on it.

I thank you for your assistance.

Allen Lakner