Comment Text:
Stop speculators from interfering with the price of food and energy. Despite a clear directive from Congress to rein in excessive speculation, you The Commodity Futures Trading Commission seem to be listening more to Wall Street lobbyists, and not acting quickly enough to protect American consumers. Consider: On any given day about half of the oil futures contracts are bought and sold by traders, not companies that use oil, like airlines and power companies. And the sky’s the limit when it comes to how much of the market traders can control. Please impose meaningful position limits to help stop the manipulation of commodities prices.
Kenneth Burch
