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Comment for Proposed Rule 76 FR 4752

  • From: alan fisher
    Organization(s):
    california reinvestment coalition`

    Comment No: 32506
    Date: 3/25/2011

    Comment Text:

    It is clear that excessive speculation is partially responsible, as shown in dozens of studies by respected institutions such as Princeton, MIT, Petersen Institute, University of London, Yale, the United Nations and the U.S. Senate.

    Speculation thus imposes financial hardships on families around the country. Sudden rises in gas and food prices force us to make difficult decisions and sacrifices. Especially right now, with so many families struggling, and unemployment barely beginning to decrease, we cannot allow speculators to unduly affect our food and gas prices.

    Please put in place effective position limits rules, and do not allow them to be undermined by exemptions or exceptions, or allow Wall Street gamblers to escape them.

    Thank you for your consideration.

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