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