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Comment for Proposed Rule 75 FR 4143

  • From: Peter Lee
    Organization(s):

    Comment No: 10132
    Date: 4/9/2010

    Comment Text:

    10-002
    COMMENT
    CL-01132
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, April 9, 2010 8:13 AM
    secretary
    Proposed Federal Speculative Position Limits
    Peter Lee
    3910 Fulton Street
    San Francisco, CA 94118-3556
    April
    9, 2010
    CFTC Comments
    Dear CFTC Comments:
    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.
    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 encourage the CFTC to adopt the Proposed Federal Speculative Position
    Limits before volatile fuel prices further harm the country's already
    weakened economy.
    Sincerely,
    Peter Lee