Comment Text:
Submitter Info:
First Name: Dennis
Last Name: Treleven
Mailing Address: 11207 Segrell Way
City: Culver City
Country: United States
State or Province: CA
Postal Code: 90230
Chairman Gensler:
Re: End-User Exception to Mandatory Clearing of Swaps (RIN 3038-AD10)
I have a lot of trouble with broadening allowed exceptions to include financial and commercial institutions that want to gamble in the derivatives markets. We should not encourage risky trades that could lead to another economic disaster.
I urge you to implement Dodd-Frank as written.