Rule Submissions to the CFTC

May 31, 2002

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

Re: National Futures Association: Resubmission of Proposed Adoption of an Interpretive Notice to NFA Compliance Rule 2-9 Regarding Supervision of the Use of Automated Order-Routing Systems

Dear Ms. Webb:

By letter dated March 1, 2002, National Futures Association ("NFA") submitted to the Commodity Futures Trading Commission ("Commission" or "CFTC") for its review and approval the proposed adoption of an Interpretive Notice to NFA Compliance Rule 2-9 regarding Supervision of the Use of Automated Order-Routing Systems. NFA hereby substitutes the previously submitted text of the proposed interpretive notice with the text set forth herein. The proposals contained herein were approved by NFA's Board of Directors ("Board") on May 16, 2002. NFA respectfully requests Commission review and approval of these proposals.

Re-Submission of Proposed Interpretive Notice

Explanation of Proposed Amendments

NFA respectfully requests that the Commission review and approve the proposal contained herein and also requests that the proposed interpretive notice be declared effective upon Commission approval.

Respectfully submitted,

Thomas W. Sexton
Vice President and General Counsel

cc: Chairman James E. Newsome
Commissioner Barbara Pedersen Holum
Commissioner Thomas J. Erickson
John C. Lawton, Esq.
Gregory Mocek, Esq.
Patrick J. McCarty, Esq.
Jane Kang Thorpe, Esq.
David Van Wagner, Esq.
Riva Spear Adriance, Esq.