Comment for Proposed Rule 75 FR 4143
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From:
Jon Cathers
Organization(s):
Comment No:
13085
Date:
4/13/2010
Comment Text:
10-002
COMMENT
CL-04085
From:
Sent:
To:
Subject:
[email protected]
Tuesday, April 13, 2010 10:04 AM
secretary
Proposed Speculative Position Limits on Energy
Jon Cathers
811 Avenue A, Apt 8
Boulder City, NV 89005-2387
April 13, 2010
David Stawick
Secretary, Commodity Futures Trading Commission
Three Lafayette Centre
1155 21st Street, NW
Washington, DC 20581
Dear Mr. Stawick:
Honorable Mr. David Stanwick,
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.
Here's a not-so-new idea we should also consider... Let investors and
speculators buy and sell all the energy inventory they wish - so long as
they take physical delivery of the product and deliver it to the new
purchaser when sold.
Sincerely,
Jon Cathers
702-421-1827