Comment for Proposed Rule 75 FR 67657
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From:
Stanley L. Bartels
Organization(s):
Although employed by Gilford Securities Incorporated, these comments reflect my own views and not necessarily my employers.
Comment No:
26808
Date:
12/28/2010
Comment Text:
In a decisive effort to prevent price manipulation, particularly with respect to CRUDE OIL futures, purchasers should be severely limited in the size of their cumulative orders if the buyer is not capable of accepting delivery. This would cut down on the pressure of speculators who allegedly are pushing the price of crude oil up to the detriment of the nation's economy. This barging into commodity speculation has attracted disparate parties, such as pension funds and college endowments.
