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Comment for General CFTC Net Position Changes Data Reports

  • From: Jeanette E King
    Organization(s):
    American Citizen, Retired

    Comment No: 48354
    Date: 9/27/2011

    Comment Text:

    To the Commission:

    I think it is time for the CFTC to take the necessary steps to stop the manipulation of commodities prices
    by speculators!! STOP listening to Wall Street lobbyists and impose meaningful position limits to protect
    the American consumer!

    This manipulation of prices is creating an increasingly poor middle class in a time when it can be least afforded.
    We consumers are being held at the mercy of these speculators who are wildly interfering with the price of food and energy on a daily basis for corporate gain.

    As regulators it is your responsibility to take action to rein in excessive speculation on Wall Street. When will you properly act on the directive from Congress?

    Respectfully,
    Jeanette King

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