Comment Text:
March 25, 2011
By Electronic Submission
David A. Stawick
Secretary
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street NW
Washington, DC 20581
Re: Proposed Regulations on Position Limits for Derivatives, RIN 3038-AD15 and 3038-AD16
Dear Mr. Stawick:
Pursuant to the Federal Register Notice of January 26, 2011, pertaining to the notice of proposed rulemaking for position limits, I am pleased to submit the following comments. Attached is a study examining the potential impact of the proposed rule on commodity index fund trading.
I would welcome the opportunity to discuss the study in greater detail with Commissioners and staff at your convenience. Please feel free to contact the undersigned at (301-908-2536) if you have any questions or wish to discuss this matter further.
Sincerely,
Dr. Clifford V. Rossi
Executive-in-Residence
Tyser Teaching Fellow
Center for Financial Policy
Robert H. Smith School of Business
University of Maryland
