Subject: File No. SR-NASD-2003-158
From: Barry D. Estell, Esquire
Affiliation: Attorney At Law

May 16, 2006

I object to the NASD's attempt to prevent comment on its proposed rules amendment. The Code of Arbitration Procedure is the only recourse for millions of defrauded investors. It is too important to allow the NASD to insert sections meant to further disadvantage the investing public without opportunity to comment.