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Comment for Proposed Rule 76 FR 4752

  • From: Gary Krasilovsky
    Organization(s):
    Hunter College

    Comment No: 27540
    Date: 2/6/2011

    Comment Text:

    I highly support and recommend strict action by The Commodity Futures Trading Commission in proposing to implement speculative position limits
    for futures and option contracts in certain energy commodities. The price fluctuations that occur due to speculation in energy commodities, especially oil and nature gas, are a very significant factor in price spikes that effect all consumers. The lower and middle class have the greatest negative impact due to current economic factors. The government, while often considered overly controlling, must protect the general population from the loopholes that allow the rich to get richer and the rest of us to have no control or influence.
    Please do something about this....

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