From: Donald R. Herrmann
Sent: July 13, 2006
Subject: File No. SR-NASD-2004-183

Why is it that many must pay the price for few. This is a democracy where the majority rules which means For your info that 51% is more that 49%. That is what this nation is built on with that simple rule. In every industry, including your office you have crooks, and no matter where you go there is a percentage That will always have their interests at heart. We now have two many rules and regulations over the nasd And securities market. I realize that in the govt in order to justify your job you must protect the public from Those small numbers of crooks. You already have the law and instead of making new laws, enforce the Laws we have or is that to much of a problem doing your job but easier to write another law and call it good
Donald R Herrmann