Public Comment, Guidance for Internal Ratings-Based Systems of Credit Risk, Risk Management Assn.

_____________________________________________________________________________________ 1801 Market Street, Suite 300, Philadelphia, PA 19103 MAURICE H. HARTIGAN II President & CEO 215-446-4001 • Fax 215-446-4008 E-mail: mhartigan@rmahq.orgMay 29, 2007 Office of the Comptroller of the Currency 250 E. Street, S.W. Mail Stop 1--5 Washington D.C. 20219 Jennifer J. Johnson, Secretary Board of Governors of the Federal Reserve System th20 Street and Constitution Avenue, NW Washington D.C. 20551 Robert E. Feldman, Executive Secretary Attention: Comments RIN 3064 - AC73 Federal Deposit Insurance Corporation th550 17 Street, NW Washington D.C. 20429 Regulation Comments Chief Counsel’s Office Office of Thrift Supervision 1700 G. Street, N.W. Washington D.C. 20552 Attention: No. 2007 – 06 RE: RMA Response to the Proposed Supervisory Guidance for Internal Ratings-Based Systems for Credit Risk, and the Supervisory Review Process (Pillar 2) Related to Basel II Implementation: OCC Docket Number 2007-004, FRB Docket Number OP-1277, FDIC Re: Basel II Supervisory Guidance, OTS No. 2007-06 Ladies and Gentlemen: 1The Risk Management Association (RMA) is pleased to comment on the Proposed Supervisory Guidance for Internal Ratings-Based Systems for Credit Risk, and the Supervisory Review Process (Pillar 2) Related to Basel II Implementation. 1 Founded in 1914, RMA is a not-for-profit, ...