Comment for Proposed Rule 75 FR 4143
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From:
Gene Madden
Organization(s):
Comment No:
15082
Date:
4/13/2010
Comment Text:
10-002
COMMENT
CL-06082
From:
Sent:
To:
Subject:
[email protected]
Tuesday, April 13, 2010 12:59 PM
secretary
Proposed Speculative Position Limits on Energy
Gene Madden
4 Maguire Rd
Wayland, MA 01778-4717
April 13, 2010
David Stawick
Secretary, Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, NW
Washington, DC 20581
Dear Mr. Stawick:
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. I believe that it was the removal of limits in 2001
which has lead to higher than necessary oil and gas prices due to
specualtion in the oil comodity markets.
I feel it is very important for the economy of our country that these
limits be reestablished as proposed on your web site.
Sincerely,
G
508-653 -0584
