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May 26, 2004

Via E-Mail (Secretary@cftc.gov)

Ms. Jean A. Webb
Secretary
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, N.W.
Washington, D.C. 20581

Re: RIN 3038-AC06; Commission Rules 30.1, 30.4 and 30.10 - Registration and Exemption, 69 Fed. Reg. 17998 (April 6, 2004)

Dear Ms. Webb:

On April 6, 2004, the Commission published proposed amendments to Part 30 of its rules. We support the proposed amendments, which codify existing interpretations and no-action positions.

If you have any questions concerning this letter, please contact me (312-781-1413, tsexton@nfa.futures.org) or Kathryn Camp (312-781-1393, kcamp@nfa.futures.org).

Respectfully submitted,

Thomas W. Sexton
Vice President and General Counsel

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