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Comment for Proposed Rule 75 FR 4143

  • From: Barbara Laxon
    Organization(s):

    Comment No: 9534
    Date: 4/8/2010

    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