Comment Text:
10-002
COMMENT
CL-01897
From:
Sent:
To:
Subject:
j [email protected]
Wednesday, April
14, 2010
9:08 AM
secretary
Proposed Speculative Position Limits on Energy
John Beiswenger
23 Mountain View Blvd
South Burlington, VT 05403-5827
April 14, 2010
David Stawick
Secretary, Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, NW
Washington, DC 20581
Dear Mr. Stawick:
Please adopt rules to eliminate the speculation in oil futures. The only
persons who should be permitted to buy and sell oil futures are those
persons with a demonstrated history of using oil, with proof that they
will likely use oil in large quantities in the future, processors, or
those who can be shown to buy oil in large amounts and deliver it for sale
in smaller quantities. People should be licensed and permitted to buy
futures only if they meet those criteria. The rest of those crazy,
antisocial investors should learn to invest in something that will produce
social good, instead of destroying our economy to further line their
pockets with gold ribbon.
Sincerely,
John Beiswenger
802-878-8343
