Comment Text:
10-002
COMMENT
CL-00397
From:
Sent:
To:
Subject:
[email protected]
Thursday, April 8, 2010 11:44
AM
secretary
Proposed Federal Speculative Position Limits
Steve Crosson
980 Enchanted Way, Suite 201 A/B
Simi Valley, CA 93065
April 8, 2010
CFTC Comments
Dear CFTC Comments:
I am writing in support of the CFTC's Proposed Federal Speculative
Position Limits that will reestablish speculative position limits on maj or
energy commodities. This rule will provide stability to the marketplace
and help prevent future price bubbles. The CFTC must quickly approve a
strong rule to protect America's struggling economy.
Our tax dollars were used to bail out large Wall Street firms when they
were on the brink of bankruptcy. It is these same institutions who gamble
on oil and who continue to profit at every American's expense.
Sincerely,
Steve Crosson
