From: Emerson R. Marks, Jr.
Sent: May 15, 2006
Subject: File No. SR-NASD-2003-158

Dear Staff:

Please reject the NASD's request for "Acclerated Approval" of Rule Filing SR-NASD-2003-158 and require it to publish the its proposal for public comment.


Emerson R. Marks, Jr.
Emerson R. Marks, Jr., P.L.C.

302 Park Street, Suite 201
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