Comment Text:
10-002
COMMENT
CL-00698
From:
Sent:
To:
Subject:
[email protected]
Thursday, April 8, 2010
12:18 PM
secretary
Proposed Federal Speculative Position Limits
Kerry Berry
701 W. Ohio St.
Bay City, MI 48706-4260
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.
Sincerely,
Kerry V. Berry