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Comment for Proposed Rule 75 FR 4143

  • From: James Wellman
    Organization(s):

    Comment No: 9611
    Date: 4/8/2010

    Comment Text:

    10-002
    COMMENT
    CL-00611
    From:
    Sent:
    To:
    Subject:
    maxey01 @outtech. com
    Thursday,
    April 8, 2010 12:03 PM
    secretary

    Proposed Federal Speculative Position Limits
    James Wellman
    3621 Blaisdell Ave. S
    Minneapolis, MN 55409-1212
    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,
    James Wellman
    612-825-9652