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Comment for Proposed Rule 79 FR 71973

  • From: Peter J McKimmin
    Organization(s):

    Comment No: 60122
    Date: 12/30/2014

    Comment Text:

    Dear CFTC,

    I urge the Commission to implement the Dodd Frank reforms and protect the American people from these predatory practices which are injurious to the overall functioning of the economy.

    Speculators can not be permitted to destabilize prices by creating "false" demand for commodities, hence It is imperative that these position limits for derivatives that would limit speculation on 28 core markets - including crude oil, fuel oil, gasoline, and natural gas - be approved as a matter of urgency.

    Respectfully,
    Peter J. McKimmin

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