Comment Text:
February 28, 2016
The Honorable Timothy G. Massad, Chairman
Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, NW
Washington, DC 20581
E-mail: http://www.cftc.gov/LawRegulation/PublicComments/HowtoSubmit/index.htm
Re: CFTC Commissioners Should Reject Flawed Advisory Committee Report and Move Forward on Position Limit Rule That Will Protect Consumers
Dear Chairman:
I sincerely believe that the long-stalled commodities position limit rule being considered by the CFTC should be approved as is by federal commissioners. The EEMAC’s majority report is a flawed and attempting to subvert the Dodd-Frank Wall Street Reform and Consumer Protection Act.
It is upsetting to see that certain members of the 9 member committee are attempting to side step the protections the Dodd-Frank Act, put into place to protect the public. When are decent people – not the self-interested – going to be appointed to such committees - the positions created to protect the people?
Stacking the deck with corporate interest – not Public interest - seems to be the “modus operandi”.
I find myself disgusted with appointed committees that have no concern for the welfare of the public or of this country.
I request that the right thing be done for all consumers, not for the self-interested.
Sincerely,
Catherine Ryan
Monterey, MA 01245
[email protected]
