Comment for Proposed Rule 76 FR 4752
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From:
Gray Anderson
Organization(s):
Gray Anderson
Comment No:
33449
Date:
3/28/2011
Comment Text:
I live in White Plains, NY. My wife and I drive to work most of the time. Our family is definitely affected by the price of gas.
I strongly urge you to curb speculative gambling in commodities markets like food and oil.
The price of commodities is affected by many factors, and excessive speculation is one of those factors. (This has been determined by 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.
