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Comment for Proposed Rule 75 FR 4143

  • From: Floyd E Bowitz
    Organization(s):

    Comment No: 16766
    Date: 4/16/2010

    Comment Text:

    10-002
    COMMENT
    CL-07766
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, April 16, 2010 12:19 PM
    secretary
    Proposed Speculative Position Limits on Energy
    Floyd Bowitz
    2682 Viebrock Drive
    Osceola, WI 54020-4042
    April 16, 2010
    David Stawick
    Secretary, Commodity Futures Trading Commission
    Three Lafayette Centre
    1155 21st Street, NW
    Washington, DC 20581
    Dear Mr. Stawick:
    I endorse this groups effort to address the oil speculators abilities to
    manipulate this and other aspects of our energy supplies.
    Whoever these investors are, they should not be allowed to influence these
    markets as much as they do now. In my case I am concerned mostly about gas
    at the pump prices. When pricing is detached from market supply and demand
    forces then it is not true to a free market. The worst part is the huge
    amount of moneys that are manipulated out of my pocket is also taken from
    business that I do not spend that money with.
    Please restrict this market from predatory marketing in the same light as
    other banking/investment firms carelessness should be.
    Sincerely,
    Floyd Elroy Bowitz
    715-755-3371