M E M O R A N D U M

TO: File No. S7-10-04
FROM: Mary S. Head
DATE: January 7, 2005
RE: Meeting with NYSE
On January 5, 2005, Commissioner Glassman and her counsel, Mary S. Head, met with John Thain, Linda Rich and Margaret Tutwiler of the New York Stock Exchange, Inc., to discuss the NYSE's views on reproposed Regulation NMS.