SR-BSE-2002-15From: Barrett, Stephen [sbarrett@hcwainwright.com]
Sent: Wednesday, September 10, 2003 2:42 PM
To: 'rule-comments@sec.gov'
Subject: SR-BSE-2002-15

Mr. Jonathan C. Katz, Secy. 
Securities and Exchange Commission 
450 5th Street, NW 
Washington, D.C. 20549 

Dear Mr. Katz, 
  
          I am writing you again concerning the Boston Stock Exchange's 
filing re the BOX platform. As you may recall, I was, and continue to be, an 
enthusiastic supporter of this effort as I am of any effort to increase 
competition that will result in improved pricing and costs to the investing 
public.

          As the plan evolved to create an entity in the options arena that 
would be electronic, cost efficient, provide ease of entry to the order 
execution firms, and provide an alternative to the traditional establishments, 
it became very obvious that the primary beneficiary of the successful 
implementation would be the public. History clearly provides us with the 
evidence that increased competition coupled with transparency results in 
tighter spreads, deeper markets and greater liquidity. All of that should 
provide the customers- the public- with better executions and lower costs. 
We should also benefit by the good will that we should enjoy as a result of 
a highly efficient well regulated marketplace. 

        Please give this filing your earliest possible consideration. Thank 
you for your time and consideration. 

Stephen D. Barrett 
Wainwright Financial Services 
One Boston Place 
Boston, Ma. 02108 
617-342-7285