Comment Text:
10-002
COMMENT
CL-00501
From:
Sent:
To:
Subject:
[email protected]
Thursday, April 8, 2010 10:08 PM
secretary
Proposed Federal Speculative Position Limits
Donald Schmidt
12023 west 68th Street
Coyle, OK 73027-6404
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.
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,
Donald Schmidt
