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Comment for Industry Filing IF 10-017

  • From: Eric West
    Organization(s):
    NONE

    Comment No: 48336
    Date: 9/27/2011

    Comment Text:

    Although this comment is supposed to be directed to wheat futures, it reall should apply to all. The purpose of futures trading was to stabilize market by providing a guaranteed future price. Because of the way things have evolved, futures trading has now become a force for destabilazation. It needs to have very strict regulations to control the traders and keep them from artificially running up the market or destroying it.

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