Comment Text:
10-002
COMMENT
CL-01208
From:
Sent:
To:
Subject:
dmixon01 @tampab ay.rr, com
Friday, April 9, 2010 11:08 AM
secretary
Proposed Federal Speculative Position Limits
Debra Mixon
10515 W. New York St.
Homosassa, FL 34448-3826
April 9, 2010
CFTC Comments
Dear CFTC Comments:
Fule is the primary expense in the small business my husband and I own. I
am appalled that the narrow margin of profit we realize is eroded by Wall
Street behavior that equates to nothing better than reckless gambling.
Therefore, I am writing in support of the CFTC's Proposed Federal
Speculative Position Limits that will reestablish speculative position
limits on major 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 and
small business owners like me, but hurts every American who pays excessive
prices at the pump, for groceries, home heating oil and everything related
to transportation.
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,
DebraMixon
352-628-5999
