Comment Text:
The Dodd-Frank financial reform bill tasked the Commodity Futures Trading Commission (CFTC) with creating rules to curb excessive gambling in markets like food and gas, but Wall Street speculators are trying to get in the way.
In 2008, food and gas prices hit record highs and those prices are creeping up again. Excessive gambling played a role in those price spikes, and now the CFTC is at work on ‘position limits’ that will put a lid on the amount of gambling.
PLEASE apply strong rules to limit excessive gambling.
