From: David Nemes [david.nemes@bigpond.com] Sent: Wednesday, September 03, 2003 9:56 AM To: rule-comments@sec.gov Subject: Re: BOX - SR-BSE-2002-15 Jonathan G. Katz, Secretary Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549-0609 Dear Sir, I support approval of the proposed Boston Options Exchange, since it would increase competition. In particular, the Price Improvement Period rules should result in more competitive spreads. Regards, David Nemes.