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Comment for Proposed Rule 75 FR 4143

  • From: Joseph Humphrey
    Organization(s):

    Comment No: 9742
    Date: 4/8/2010

    Comment Text:

    10-002
    COMMENT
    CL-00742
    From:
    Sent:
    To:
    Subject:
    j oe@consultingee, com
    Thursday, April 8, 2010 11:53 AM
    secretary

    Proposed Federal Speculative Position Limits
    joseph humphrey
    po box 5
    sun valley, ID 83353-0005
    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.
    Wall Street's speculative trading in oil not only hurts the economy, but
    hurts every American who pays excessive prices at the pump, for groceries,
    home heating oil and everything related to transportation.
    Sincerely,
    joseph humphrey
    208-726-8094