Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 4143

  • From: Wendell Pope
    Organization(s):

    Comment No: 9293
    Date: 4/8/2010

    Comment Text:

    10-002
    COMMENT
    CL-00293
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, April 8, 2010
    4:38 PM
    secretary

    Proposed Federal Speculative Position Limits
    Wendell Pope
    851 N. Glebe Rd #1305
    Arlington, VA 22203-4157
    April 8, 2010
    CFTC Comments
    Dear CFTC Comments:
    I'm writing to express my support of the CFTC's Proposed Federal
    Speculative Position Limits.
    I encourage the CFTC to adopt the Proposed Federal Speculative Position
    Limits before volatile fuel prices further harm the country's already
    weakened economy.
    Our tax dollars were used to bail out large Wall Street firms when they
    were on the brink of bankruptcy. It is these same institutions who gamble
    on oil and who continue to profit at every American's expense.
    We must learn from the last meltdown of our financial system and regulate
    these firms. We can not afford to let the risky practices of the past
    continue.
    Sincerely,
    Wendell Pope