Comment Text:
10-002
COMMENT
CL-00448
From:
Sent:
To:
Subject:
[email protected]
Thursday, April 8, 2010 4:19 PM
secretary
Proposed Federal Speculative
Position Limits
Richard Wilkins
441 Lynn Street
Oviedo, FL 32765-4407
April 8, 2010
CFTC Comments
Dear CFTC Comments:
I am writing in support of the CFTC's Proposed Federal Speculative
Position Limits that will reestablish speculative position limits on maj or
energy commodities. This rule will provide stability to the marketplace
and help prevent future price bubbles. The CFTC must quickly approve a
strong rule to protect America's struggling 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.
I encourage the CFTC to adopt the Proposed Federal Speculative Position
Limits before volatile fuel prices further harm the country's already
weakened economy.
Sincerely,
Richard Wilkins
