Even the high FC of 15 in the presence of 40 ppm CYA won't likely fade your swimming suit or have other ill effects. The CYA makes the disinfecting chlorine (HOCl) concentration only 0.36 ppm and that is far less than the 1-1.5 ppm (of HOCl, 2-3 ppm FC) typically found in indoor pools that have no CYA. When my wife uses the indoor pool at the local community center during the winter, her suits do wear out (usually the rubber goes before the suit fades). She does not find any such problem with our outdoor pool that has 15 ppm CYA and typically 3 ppm FC in it.
Now on the other hand, I wouldn't want to swallow this water with higher chlorine levels, but then I wouldn't want to drink pool water in any event. Bottom line is that I think you are safe though this is not conventional wisdom.
Richard
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