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Comment for Proposed Rule 76 FR 4752

  • From: Chris W Dadds
    Organization(s):
    Individual citizen

    Comment No: 34044
    Date: 3/29/2011

    Comment Text:

    I eat, and I drive. These are two basic needs that people need to be able to afford doing in order to be a part of what we call "the market". The market needs to be strong in order to generate profits for investors as well as every other endeavor of our economy. I believe that things should be done to make profiting from the basic needs of those who comprise the market to be less attractive than investing and speculating in consumer goods that the marked buys with more discretionary income. I think that the bestr way to limit excessive speculation, or gambling if you will, in the futures markets of fuel and food would be to place a tiny tax on each transaction in the market.

    Please put in place effective position limits rules, and do not allow
    them to be undermined by exemptions or exceptions, or allow Wall
    Street gamblers to escape them.


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