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
