Notice of Petition - "Compensation, Retirement Programs and Related Benefits" John Connolly 840 Highway 12 SW Danvers, MN 56231-1105
April 22, 2013
Barry F Mardock Deputy Director Office of Regulatory Policy, Farm Credit Administration 1501 Farm Credit Drive McLean, VA 22102-5090
Dear Mr. Mardock:
If the FCA backs down on this final regulation due to pressure from the FCS, then the FCA's credibility as a regulator will be severely undermined and its supposed interest in transparency will be shown to be nothing more than empty rhetoric. Rejecting the FCS petition is also necessary to ensure better safety and soundness practices are in place for the FCS. Therefore, I request that the FCA keep the final rule in place and strengthen it as suggested above. Thank you for considering my comments.