Comment Text:
Submitter Info:
First Name: Jean
Last Name: Kendall
Mailing Address: 3081 Littlefield Cove
City: Memphis
Country: United States
State or Province: TN
Postal Code: 38119
Organization Name: Jean D. Kendall
We must not broaden this narrow, commonsense exception to include financial and commercial institutions that want to gamble in the derivatives markets. Doing so would allow systemically important companies to enter into risky trades in a market with zero transparency and accountability.
This is exactly the kind of murky shadow banking that led to the meltdown - as every objective observer of our present financial situation well knows. Please implement Dodd-Frank as written and do not give in to the pressure to weaken the legislation in the rulemaking process.
Thank you!