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

  • From: Thomas Sullivan
    Organization(s):

    Comment No: 20753
    Date: 4/19/2010

    Comment Text:

    10-005
    COMMENT
    CL-00454
    From:
    Sent:
    To:
    Subject:
    thomas sullivan
    Monday, April 19, 2010 5:40 PM
    Metals Hearing
    Proposed Federal Speculative Position
    Dear Sir:
    We need to establish speculative position limits in Comex silver of no more than 1500 contracts. We
    need to restore fair play to the market. I believe that an important issue that ultimately drives the price
    of the silver market is being ignored too long. The issue is the big corporation that uses their leverage to
    manipulate the silver market. For too long the the big Wall Street firms use their leverage to control the
    price of silver and the regulators - who are under funded and under skilled - allow this to happen. The
    regulators attitude of "let's not rock the boat" will come back to bite them and cause great harm to
    America. You have an opportunity to do something about this. Have the courage to stand up for what is
    fight and put limits on the silver contracts.
    Tom Sullivan
    919 753-4650
    tom 1395 @gmail. corn