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Comment for Proposed Rule 75 FR 4143

  • From: Frank Armato
    Organization(s):

    Comment No: 10033
    Date: 4/8/2010

    Comment Text:

    10-002
    COMMENT
    CL-01033
    From:
    Sent:
    To:
    Subject:
    bprints@b earprints, com
    Thursday, April 8, 2010 5:53 PM
    secretary
    Proposed Federal Speculative Position Limits
    Frank Armato
    422 East Palmer Street
    Franklin, NC 28734-3044
    April 8, 2010
    CFTC Comments
    Dear CFTC Comments:
    I am writing in support of the CFTC's Proposed Federal Speculative
    Position Limits that will reestablish speculative position limits on maj or
    energy commodities. This rule will provide stability to the marketplace
    and help prevent future price bubbles. The CFTC must quickly approve a
    strong rule to protect America's struggling economy.
    I encourage the CFTC to adopt the Proposed Federal Speculative Position
    Limits before volatile fuel prices further harm the country's already
    weakened economy.
    Sincerely,
    Frank Armato