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Comment for Proposed Rule 75 FR 4143

  • From: Brian Shumard
    Organization(s):

    Comment No: 10290
    Date: 4/10/2010

    Comment Text:

    10-002
    COMMENT
    CL-01290
    From:
    Sent:
    To:
    Subject:
    btallone@hotmail, com
    Saturday, April 10, 2010 1:53 PM
    secretary
    Proposed Federal Speculative Position Limits
    Brian Shumard
    842 j ackson in.
    Middletown, OH 45044-6149
    April
    10,
    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.
    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,
    Brian Shumard