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

  • From: Doug Cates
    Organization(s):

    Comment No: 21028
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00729
    From:
    Sent:
    To:
    Subject:
    Doug Cates
    Monday, April 12, 2010 8:12 PM
    Metals Hearing
    Precious metals futures position limits
    Dear Sir;
    I listened to the recent hearings regarding precious metals futures
    position limits live on line. It seems that a small number of
    organizations may be able to manipulate the COMEX gold and silver
    futures market. I request that the CFTC establish speculative position
    limits in these markets to a level where manipulation is no longer
    possible.
    Sincerely,
    Doug Cates