Font Size: AAA // Print // Bookmark

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

  • From: Jack Inrichmond
    Organization(s):

    Comment No: 21115
    Date: 4/12/2010

    Comment Text:

    10-005
    COMMENT
    CL-00816
    From:
    Sent:
    To:
    Subject:
    secretary
    Monday, April 12, 2010 9:14 AM
    Metals Hearing
    FW: silver shorts
    From:
    jack in richmond [mailto:[email protected]]
    Sent:
    Saturday, April 10, 2010 5:08 PM
    To:
    secretary
    Subject:
    silver shor~s
    Could someone please explain to me why so many naked shorts are permitted in the silver market.
    How can a company sell silver certificates for silver that they do not have ? Is this not a form of
    counterfeiting ?
    Please sort this mess out and charge the guilty parties with fraud. I truly think you should make an
    example of how you intend to punish cheaters and discourage fraud with this case.
    The Comex has become a sham. It is your duty to restore transparency and accountability to this
    institute.
    Sincerely,
    Jack Inrichmond
    Vancouver, Canada