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Comment for Proposed Rule 75 FR 80747

  • From: Richard Patten
    Organization(s):
    public

    Comment No: 34114
    Date: 2/21/2011

    Comment Text:

    Submitter Info:
    First Name: Richard
    Last Name: Patten
    Mailing Address: 2932 37th Ave S
    City: Minneapolis
    Country: United States
    State or Province: MN
    Postal Code: 55406
    Organization Name: public

    If the Head of the CFTC had been listened to and derivatives regulated, instead of Greenspan, the financial meltdown may have been prevented. Defunding the CFTC is an idiot's requesty to have it happen all over again. We need a strong CFTC and Consumer Protection agency--for the health of our banking system as well as the financial industry.
    FDR saved capitalism from itself. They are again trying to commit suicide.

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