Subject: Comments regarding File Number S74111

February 9, 2012

Im writing in support of a strong Volcker Rule. My family and I were affected by the economic collapse of 2008, and we dont want it to happen again.

As you prepare the final rule, bear in mind the fundamental goal of the rule to ban big banks from exposing consumers and taxpayers to risky proprietary trades.

Banks should be restricted to making only personal and commercial loans based strictly on the three Cs of credit and not be allowed to gamble with out money.

Banks that break the rule should face swift, automatic penalties for violations. Violations of the Volcker Rule endanger the stability of our financial system. They should not be treated lightly.

Exemptions should only be allowed if they do not undermine this goal. If an exemption would result in exposing consumers and taxpayers to bank risk, it should be rejected.

Thank you for considering my comment,

John Witmer

Clemson, SC