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Comment for Proposed Rule 76 FR 4752

  • From: Larry D Cooper
    Organization(s):

    Comment No: 32923
    Date: 3/26/2011

    Comment Text:

    A. We cannot afford a repeat of the 2008 food and gas price bubbles, so the CFTC should put in place strong position limits to control excessive gambling.

    B. The CFTC should not allow exemptions or exceptions that undermine the rule, and should not give any exemptions to banks, hedge funds or other financial players.

    Stop excessive gambling in commodities markets like food and oil .prices for food and gas are getting so high that some months we have to decide if we buy gas to go to the DR. or we buy food to eat.

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