Comment Text:
I urge the Commission to begin the immediate regulation and prosecution of ICE for the manipulation of oil and food stocks. ICE is located off-shore and they have, according to numerous Economists in the United States and abroad, been guilty of stock manipulations. This has led to inflated oil and food prices being paid by American citizens and peoples around the world. It is the duty of your Commission to act on behalf of the American people. Stock manipulations are nothing more than fraud. It happened with Enron when they were unregulated in the early 90's. It happened again with the housing market a couple of years ago due to no regulation. Both of these fraudulant examples cost millions of Americans huge sums of money. People went to jail for Enron but few have been convicted for the housing fraud. Now we have ICE committing stock market fraud by manipulating the price of oil and food stocks. They are clearly driving up the price of these stocks. This is fraud; plain and simple. I urge you to end what they are doing by restoring regulations that eliminate the fraud. Since ICE was formed solely to manipulate the stock prices for oil and food, I also encourage you to send the founders of ICE to prison and to ban them from participation in the American Stock Market.
