Comment Text:
As senior citizens living on Social Security ($2185.00 monthly) plus a very small pension ($182.37 monthly), my wife and I are only just barely able to make ends meet. Something has to be done and we respectfully request that the Commodity Futures Trading Commission take immediate action to do what you should be doing, protecting us from un-caring market speculators.
Despite a clear directive from Congress to rein in excessive speculation, our watchdogs in Washington seem to be listening more to Wall Street, and not acting quickly enough to protect American consumers.
Speculators are still playing games in the marketplace. Our regulators allow them to wildly bid up the price for everyday items we need, like wheat, gasoline and heating oil.
Please, stop speculators from interfering with the price of food and stop listening to Wall Street lobbyists. Impose meaningful position limits.
Sincerely,
Stephen and Fern Hammond
Quincy, FL
