Comment Text:
10-005
COMMENT
CL-00234
From:
Sent:
To:
Subject:
Richard Smiley
Saturday, April 24, 2010 2:43 PM
Metals Hearing
position limits
Sirs
While I appreciate the arguments of those in favor of limiting the positions that can be held by large
trading companies like JP Morgan, I would point out that any settlement that doesn't claw back the ill-
gotten gains and more from the same will be regarded as nothing more than the cost of doing business,
and a slap on the wrist doesn't cost that much.
Thank you
Richard Smiley
