Comment Text:
My name is Sharon Hagen. I understand that The Commodities Futures Trading commission has been charged with the responsibility of formulating rules to limit speculation in the volatile commodities market under the Dodd-Frank Bill.
I ask you to curb excessive gambling in commodities markets like food and oil. Certainly speculation is not the only reason for the rapid rise in the cost of living tied to commodities, but this artificial source of market manipulation should be curtailed.
The Commodities Futures Trading Commission should not allow exemptions or exceptions that would undermine the rules the Commission sets, and NO exceptions should be given under ANY circumstances to banks, hedge funds, or other financial players.
Thank you for hearing my position. I encourage the Commission to act to protect American consumers and the integrity of the commodities market.
