Comment Text:
10-002
COMMENT
CL-08003
From:
Sent:
To:
Subject:
[email protected]
Tuesday, April 20, 2010 11:35 PM
secretary
Proposed Federal Speculative Position Limits
Sylvia Galvez
1420 Jontilly Place
Brandon, FL 33511-0805
April 20, 2010
CFTC Comments
Dear CFTC Comments:
Our tax dollars were used to bail out large Wall Street firms when they
were on the brink of bankruptcy. It is these same institutions who gamble
on oil and who continue to profit at every American's expense.
Wall Street's speculative trading in oil not only hurts the economy, but
hurts every American who pays excessive prices at the pump, for groceries,
home heating oil and everything related to transportation.
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. 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.
Sincerely,
Sylvia
