STANY Comment Reg NMS June 30 2004

The Security Traders Association of New York, Inc. Members of the Security Traders Association 39 Broadway, Suite 1840 New York, NY 10006 • (212) 344-0410 • Fax (212) 943-8478 e-mail - stany@stany.org website - www.stany.org June 30, 2004 OFFICERS Mr. Jonathan G. Katz LISA M. UTASI Secretary Citigroup Asset Management Securities and Exchange Commission President 450 Fifth Street, NW VAL J. KOSMIDER Washington, DC 20549-0609 Val J. Kosmider & Company Vice President RE: Release No. 34-49325; File No. S7-10-04 WILLIAM A. VANCE Prudential Equity Group Proposed Rule: Regulation NMS Secretary MICHAEL SANTUCCI Release No. 34-49749; File No. S7-10-04 Seaboard Securities Proposed Rule: Extension of Comment Period and Supplemental Treasurer Request for Comment MARTY CUNNINGHAM Wien Securities Corp. Dear Mr. Katz: Past President 1KIMBERLY UNGER The Security Traders Association of New York, Inc. (“STANY”) respectfully submits Executive Director these comments in response to the above captioned Release No. 34-49325, File No. S7- 10-04 (“Reg. NMS”) and Release No. 34-49749, File No. S7-10-04 (“Supplemental 2DIRECTORS Request for Comment”). Speaking on behalf of the majority of our membership , we commend and support the Securities and Exchange Commission’s (“SEC or PETER F. BATTAGLIA Fulcrum Global Partners “Commission”) efforts to enhance and modernize the regulatory structure of the US equity markets. We are ...