Comment Text:
10-002
COMMENT
CL-00534
From:
Sent:
To:
Subject:
[email protected]
Thursday, April 8, 2010 11:43 PM
secretary
financial reform
Barbara Laxon
1778 SW 85 Ave
Miramar, FL 33025-2190
April 8, 2010
CFTC Comments
Dear CFTC Comments:
Wall Street's speculative trading in oil not only hurts the economy, but
hurts every American who pays excessive prices at the pump, for groceries,
home heating oil and everything related to transportation.
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. They have
returned to the same practices that caused these problems in the first
place. And there are still no rules in place to stop them.
There must be no allowance for secret deals. There must be 100%
transparency and very limited speculation (no derivatives) allowed.
Sincerely,
Barbara Laxon
954-540-5940