I am contacting you regarding the CBOEs proposed rule change. File No. SR-CBOE File No.-2006-106.

I wish the SEC to disapprove of the CBOEs proposed rule change File No. SR-CBOE-2006-106.

The CBOE is trying to be dishonest to the CBOT members with this proposed rule change to increase the value of their stake in the CBOE. They are being dishonest to state that the CBOT members can no longer exercise their CBOE rights after they merge with the CME. All the reasons that the CBOE states to you and others on why they can do this are false. They are using the CME merger as an excuse to steal from the CBOT members the value of their rights for the gain of the CBOE members.

Please take the fair, correct and honest action and disapprove File No. SR-CBOE-2006-106 CBOE proposed rule change.


Kevin A Ward CBOT
full member