Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 4143

  • From: Michael Villacres
    Organization(s):

    Comment No: 16717
    Date: 4/16/2010

    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