From: Randall R. Heiner
Sent: May 15, 2006
Subject: File No. SR-NASD-2003-158

Dear Sir:

As an attorney that represents investors in NASD arbitration regularly, I feel it is critically important that investors and their representatives be given the opportunity to comment on the subject proposed rule. Please do not deny interested parties of the chance to give comments.

Randall R. Heiner
Heiner Law Offices
213 8th Avenue
Salt Lake City, Utah 84103-2521

Tel: 801-366-5200
Fax: 801-366-5100