Attached is the letter sent to Chairman Rainer regarding the CFTC Regulatory
Framework Proposal this afternoon.

 <<RAINERLTR 4-7-00.doc>>

Stacy Carey
Director U.S. Regulatory Policy
International Swaps and Derivatives Association
(202) 457-6545 ph
(202) 457-6315 fax
scarey@isda.org



 - RAINERLTR 4-7-00.doc