Subject: File No. S7-02-10
From: Rick Smith

February 16, 2010

I support the CFA Institute and Kurt N. Schacht, CFA and James C. Allen, CFA
Managing Director Head, Capital Markets Policy
CFA Institute and agree with their points in their letter sent to SEC :
6 January 2010
Robert W. Cook
Director, Division of Trading and Markets
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-1090
Re: Subpenny Trading on Regulated Markets

(Attached File #1: s70210-41.pdf)