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

  • From: richrose10juno
    Organization(s):

    Comment No: 20738
    Date: 4/20/2010

    Comment Text:

    10-005
    COMMENT
    CL-00439
    From:
    Sent:
    To:
    Subject:
    secretary
    Tuesday, April 20, 2010 9:27 AM
    Metals Hearing
    FW: Position Limits on Precious Metals
    From:
    [email protected] [mailto:[email protected]]
    Sent:
    Tuesday, April 20, 2010 9:13 AM
    To:
    secretary
    Subject:
    Position Limits on Precious Metals
    The most blatant manipulation in the precious metals markets took place last Friday, on 04/16/10, on the
    same day of options expiration, as described by whistle blower, Andrew Maquier. At the time the
    manipulation was taking place, propaganda was distributed on CNBC as to the reason, "Because John
    Paulson was mentioned but not charged in the complaint, there was fear that he would have to sell his
    holdings of GLD." How preposterous!!
    This blatant, in your face manipulation, with well timed propaganda is a slap in the face to the CFTC
    and all investors. As the CFTC does nothing to prevent these illegal activities, I will no longer invest in
    the the markets you supposedly regulate.
    Rich