Comment Text:
Commodity Futures Trading Commission:
Speculators are driving up the cost of food, gas and even clothes. Excessive speculation in commodities leads to price manipulation. The Dodd-Frank legislation, enacted by Congress, was intended to curb these excesses but has not been implemented by the C.F.T.C.
Consequently, your regulators must write sensible regulations, immediately, to limit the deleterious effect of speculators, that is, the manipulation of commodity prices leading to higher prices .
Sincerely,
Ian King