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Comment for Proposed Rule 76 FR 4752

  • From: Marietta Schindler
    Organization(s):
    Benedictine Sisters

    Comment No: 32114
    Date: 3/22/2011

    Comment Text:

    In order to avoid food and energy price bubbles, the proposed speculation limits must be implemented.
    AND
    Only give exemptions to businesses that deal in physical commodities(like farmers, gas stations, etc.)

    Do not give any exemptions to banks, hedge funds or other financial players.

    I applaud the Commission's efforts to implement the Dodd-Frank Act as thoroughly as possible expecially reforms aimed at limiting excessive speculation in food and energy commodities.I urge the Commission to implement the proposed rules regarding aggregate speculative position limits to prevent excessive speculation. at this time of fragile economic recovery, we cannot allow speculators to unduly affect our food and energy prices.

    Please define "limits" in the strictest sense possible.

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