March 18, 2004

Jonathan G. Katz
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-0609

Dear Mr. Katz:

I, Jennifer Williams, request to appear before the Securities and Exchange Commission at either of the public hearings on proposed Regulation NMS scheduled for April 1, 2004 and April 21, 2004.

I am a member of the New York Stock Exchange and a Floor Broker for The Griswold Company, Incorporated. Griswold is one of the largest Direct Access firms in the U.S. with presence on the NYSE, NASD, and BSE. Regulation NMS proposes a number of very significant changes which will impact us as well as other market participants. We would hope to contribute our opinions and expertise to your efforts to improve the structure of the US Securities market.

Thank you for considering my request.


Jennifer Williams