Subject: File No. S7-12-06
From: Curtis L McMahon

January 16, 2007


PLEASE DO NOT GO FORWARD WITH THE GRANDFATHER CLAUSE IN REGARD TO 'FAILS TO DELIVER'

PLEASE - FAILS TO DELIVER AMOUNTS TO FINANCIAL TERRORISM - THIS MUST STOP, DO NOT PROTECT THE BAD GUYS ANY LONGER. YOU MUST DO THE RIGHT THING HERE - STOP IT.

NO GRANDFATHER CLAUSE

STOP THE FINANCIAL TERRORISM THAT HAS WIPED OUT BILLIONS OF DOLLARS FROM HARD WORKING PEOPLE.

CLM