Comment Text:
10-002
COMMENT
CL-07717
From:
Sent:
To:
Subject:
nycelite 18@yahoo. com
Friday, April 16, 2010 12:04 PM
secretary
Proposed Federal Speculative Position Limits
Michael Villacres
88-14 Billings St.
Queens Village, NY 11427-2647
April
16, 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 country has been hurt long and enough times by the unregulated
wilderness of Wall Street. The American people need a Wall of protection
and the CFTC's rule for derivatives. I support this rule and I hope you
all do too. Thank you.
Sincerely,
Michael
718-465-8704