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Comment for Industry Filing IF 10-017

  • From: Ivan C Browning
    Organization(s):
    Individual

    Comment No: 48293
    Date: 9/27/2011

    Comment Text:

    Please limit speculators in cash commodity markets to the limits proposed by Senator Nelson. The rule you are contemplating is too lenient and will promote, not discourage, speculation by non-end-users.

    I am a consumer and I believe that allowing non-end-users to take large positions in the cash futures market drives up the cost of basic commodities like wheat and oil.

    Thank you!

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