Date:    4/6/99  1:41 PM

Subject: File S7-5-99

I am adamantly opposed to the proposed amendments to Rule 15c2-11 suggesting 
market makers learn about the stocks they trade, study their financials and 
keep an eye out for fraud.
     
Market makers are NOT responsible for the companies in which they  make 
markets.  They are responsible for providing orderly markets and liquidity 
in equities.  Why have them take on not only additional responsibilities but 
additional liabilities?  Everything that has been done over the last year to 
protect investors from excessive spreads and markups/markdowns will be for 
naught if market makers are required comply with the amendments as their 
cost of doing business will be so much higher as to make it prohibitive.
     
Thank you.
     
Michael Zanders
President
FBD Investment Services
CRD 35592