For some reason, many people find it very difficult to sit down and write a comment letter. The trick is to get started. Having a checklist for what to say can help. The items set out below should be included. First, a comment letter should include some basic information about your institution. This provides context for your needs and arguments.
Second, provide information about your market. This provides background for who your customers are and what their needs are for financial services. Then get into the issue. State your case – what you want to happen. Support your case by explaining the need for your proposed change. Your explanation is critical – perhaps the most important part of your letter.
Finally, always conclude by thanking those who legislate and write rules. They like to get compliments. Tone is important. Be polite. They get lots of negative input mail and are more likely to react positively to a polite, well-reasoned letter.
Compliance Lifeline