From: Kevin P. Takacs
Sent: August 7, 2006
To: rule-comments@sec.gov
Subject: File No. SR-NASD-2005-114

Dominion Investor Services, Inc. supports the NASD’s initiative on placing commission and offering expense limitations on unlisted REIT offerings and adding required disclosures for illiquid investments to include an issuer’s track record of “going full cycle” on prior public offerings.

Thank you,

Kevin P. Takacs
CCO DOMI/DFA
Securities offered through Dominion Investor Services, Inc.
Member NASD/SIPC