From: CT Carbs []
Sent: Monday, March 29, 2004 12:17 PM
Subject: SR-XXXX-XXXX-XX (nasd-2004-031)

Are you KIDDING? Essentially you are STOPPING short sales in low priced stocks with this reg. Have you done ANY impact study on NOT allowing shortsales? I have never seen such an irresponsible proposed law ever make it this far. What a sad day for the markets when you are making them ONE SIDED. Why not just hand the scammers money and get it over with. Once again you have screwed up! Pls see rule 3370 and SHO for further evidence of a complete IGNORANCE of the market and making markets FAIR! ITS TIME TO VOTE NO TO THIS AND TO THE NASD AND THEIR OBVIOUS LACK OF MARKET KNOWLEDGE AND GENERAL PRINCIPALS OF BUSINESS!!

Sincerely, CTCARBS