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Comment for Sunshine Act Sunshine Act Meeting: March 25, 2010

  • From: Craig W Stanley
    Organization(s):
    CBO Financial Inc

    Comment No: 20437
    Date: 4/25/2010

    Comment Text:

    10-005
    COMMENT
    CL-00138
    From:
    Sent:
    To:
    Subject:
    Craig Stanley
    Sunday, April 25, 2010 11:22 AM
    Metals Hearing
    Precious metals position limits
    Dear Sir;
    I have been a market participant in precious metals for 20 years; it is obvious that the price of both gold and silver
    are being manipulated by JP Morgan and HSBC, among others. This can be remedied by establishing strict
    position limits for both metals of no more than 1500 contracts along with restricting hedging exemptions from
    those limits to legitimate hedgers.
    Thank you,
    Craig Stanley
    Craig W. Stanley
    CBO Financial, Inc.
    10630 Little Patuxent Pkwy, Ste. 314
    Columbia, MD 21044
    Phone: (410) 730-0490
    Fax: (410) 730-0491
    Mobile (202) 441-9971
    www.cbofinancial.com