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Comment for Proposed Rule 76 FR 4752

  • From: Ed Fenton
    Organization(s):

    Comment No: 49188
    Date: 9/26/2011

    Comment Text:

    Members of the CFTC:

    There’s nothing wrong with a farmer’s decision to sell his crop ahead of the harvest, or for a chocolate company to sign contracts for cacao – again, ahead of time. However, We The People are being trampled on by speculators who operate without meaningful controls. One way to permit legitimate activity yet put a crimp in pure speculation is to impose carefully considered position limits. This is long past due. I hope you will act responsibility. You don’t want to be considered among the useless – like so many in Congress and in the various commissions – do you?

    Thank you.

    Edward N. Fenton
    Longboat Key, FL
    [email protected]

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