Date:    09/19/2000  3:22 AM

Subject: protest

[Release No. 34-43085; File No. S7-17-00] 
     
RIN 3235-AH96 
     
Firm Quote and Trade-Through Disclosure Rules for 
Options 
     
AGENCY: Securities and Exchange Commission 
     
ACTION: Proposed rule 
     
SUMMARY: The Securities and Exchange Commission ("SEC" 
or "Commission") is proposing to amend Rule 11Ac1-1 
under the
I am writing this letter to protest the proposed item 
listed below. This is completely unfair to individual 
traders like myself. The proposed idea would make it 
almost impossible to get a good and fast execution of 
a stock order if the ecn orders would be listed below 
the market makers. Please reconsider this. It is 
totally unfair to investors.
     
Sincerely,
     
     
Todd Hoff
     
     
     
     
     
     
Securities Exchange Act of 1934 ("Exchange Act"), to 
require options exchanges and options market makers to 
publish firm
quotes. The Commission also is proposing new Rule 
11Ac1-7 under the Exchange Act to require a 
broker-dealer to disclose on its
customer's confirmation statement when the customer's 
order for listed options was executed at a price 
inferior to a better
published quote and what that better quote was, unless 
the transaction was effected on a market that is a 
participant in an
intermarket options linkage plan approved by the 
Commission. 
     
     
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