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Comment for Proposed Rule 75 FR 4143

  • From: Jon Cathers
    Organization(s):

    Comment No: 13085
    Date: 4/13/2010

    Comment Text:

    10-002
    COMMENT
    CL-04085
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, April 13, 2010 10:04 AM
    secretary
    Proposed Speculative Position Limits on Energy
    Jon Cathers
    811 Avenue A, Apt 8
    Boulder City, NV 89005-2387
    April 13, 2010
    David Stawick
    Secretary, Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street, NW
    Washington, DC 20581
    Dear Mr. Stawick:
    Honorable Mr. David Stanwick,
    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.
    Here's a not-so-new idea we should also consider... Let investors and
    speculators buy and sell all the energy inventory they wish - so long as
    they take physical delivery of the product and deliver it to the new
    purchaser when sold.
    Sincerely,
    Jon Cathers
    702-421-1827