Comment Text:
10-002
COMMENT
CL-00736
From:
Sent:
To:
Subject:
j oezefran@ comcast, net
Thursday, April 8, 2010 12:33 PM
secretary
Proposed Federal Speculative Position Limits
Joseph Zefran
5419 N Sawyer Ave
Chicago, IL 60625-3925
April 8, 2010
CFTC Comments
Dear CFTC Comments:
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 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,
Joseph Ze~an
773-588-5510
