Comment Text:
10-002
COMMENT
CL-00055
From:
Sent:
To:
Subject:
S GORMAN
Friday, January 15, 2010 1:35 PM
secreta ry < secreta ry@ C FTC. g ov >
Position Limits
Iam writing to voice my opinion regarding "position limits." I believe as long as the United
States is dependent on foreign oil, it is imperative investing and hedging in energy be largely
limited to end users. The cost to the American public as well as the financial empowerment of
billions of dollars to Middle Eastern countries far outweighs the free market profiteers that have
proven they will eagerly throw this country under the bus to make a buck. There were a number
of lessons which led to legislation after the Great Depression, including the uptick rule, Glass-
Steagall, and position limits. All of which I believe have contributed to this country's, and
ultimately the world's, current financial crisis. I applaud the efforts of the current CFTC to review
position limits ..... born of the Great Depression, and every bit as credible today as it was in 1936!
Suzanne Gorman
