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Comment for Proposed Rule 75 FR 4143

  • From: William Giardini
    Organization(s):

    Comment No: 10199
    Date: 4/9/2010

    Comment Text:

    10-002
    COMMENT
    CL-01199
    From:
    Sent:
    To:
    Subject:
    equatorquest 1 @wmconnect.com
    Friday,
    April 9, 2010 2:33 AM
    secretary
    Proposed Federal Speculative Position Limits
    William Giardini
    87 Blossom Street
    Bradford, MA 01835-7245
    April
    9, 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.
    Wall Street's speculative trading in oil not only hurts the economy, but
    hurts every American who pays excessive prices at the pump, for groceries,
    home heating oil and everything related to transportation.
    Sincerely,
    William Giardini
    9783732941