From: MMCA5648@aol.com
Sent: Tuesday, May 11, 2004 7:38 PM
To: Rule-comments@sec.gov
Subject: National Market System (s7-10-04)

I read The address that the CEO of the New York Stock Exchange delieverd to the 
Society of American Business Editors and Writers.
 
I cannot, as an investor,  believe that our Government has abandoned all reason.
 
I thought your mandate was and is to protect the investor and maintain the 
integrity of our markets.
 
By allowing those that are charged with managing the funds and livelihood of our 
citizens to take advantage of that position in order to line their own pockets is 
beyond reason.
 
If the commission removes any part of the Trade through rule the result will be 
the destruction of the US markets and their global presence
 
  It would be intresting  to ask those broker dealers that advocate the removal of 
the trade through rule if they would buy or sell at an inferior price for their 
own account with their own money. I doubt an honest answer would be given. Anyone 
who ignores best price for a customer has thier own agenda. 
 

                             Michele Trevor