From:
Patrick Woodall
Organization(s):
Americans for Financial Reform Education Fund, Consumer Federation of America, Food & Water Watch, Institute for Agriculture and Trade Policy, and Public Citizen
Comment Text:
Americans for Financial Reform Education Fund, Consumer Federation of America, Food & Water Watch, Institute for Agriculture and Trade Policy, and Public Citizen write with grave concerns on the justification and potentially calamitous precedent contained in the Commodity Futures Trading Commission’s (CFTC’s) notice of proposed rulemaking for the Investment of Customer Funds by Futures Commission Merchants and Derivatives Clearing Organizations. Comment letter attached.