CFTC Rule Submissions

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

Re: National Futures Association: Proposed Interpretive Notice to NFA Compliance Rule 2-10: Orders Eligible for Post-Execution Allocation*

Dear Ms. Webb:

Pursuant to Section 17(j) of the Commodity Exchange Act, as amended, National Futures Association ("NFA") hereby submits to the Commodity Futures Trading Commission ("CFTC" or "Commission") a proposed Interpretive Notice to NFA Compliance Rule 2-10: Orders Eligible for Post-Execution Allocation. The Interpretive Notice was approved by NFA's Board of Directors ("Board") on May 20, 1999.

Proposed Interpretive Notice to NFA Compliance Rule 2-10: Orders Eligible for Post-Execution Allocation

Explanation of Proposals

NFA intends to make the proposed Interpretive Notice effective 10 days after receipt of this submission by the Commission unless the Commission notifies NFA within the 10-day period that the Commission has determined to review the Interpretive Notice for approval.

Respectfully submitted,

Daniel J. Roth
General Counsel

cc: Commissioner Barbara Pedersen Holum
Commissioner David D. Spears
Commissioner James E. Newsome
I. Michael Greenberger, Esq.
Alan L. Seifert, Esq.
Lawrence B. Patent, Esq.
David Van Wagner, Esq.
Riva Spear Adriance, Esq.