july 31 2006 nancy m morris esq secretary us securities and exchange commission 100 f street ne washington dc 20549 re request for relief from 12 of the act 1934 dear ms on january 13 sec or approved application nasdaq stock market llc a subsidiary inc to register under section 6 as national 1 s transition its listing trading activities will further congress instruction promote fair competition between markets 2 absent requested herein however would require approximately 3 200 global capital issuers with registered pursuant exempt registration g 4 file statements 5 those b release no 53128 71 fr 3550 23 approval order