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

  • From: Vidal Cortez
    Organization(s):

    Comment No: 22783
    Date: 3/31/2010

    Comment Text:

    10-005
    COMMENT
    CL-02484
    From:
    Sent:
    To:
    Subject:
    vidal cortez
    Wednesday, March 31, 2010 4:58 AM
    Metals Hearing
    He who sells what isn't his'n, buys it back or goes to prison
    Dear Mr. Gensler,
    It is obvious that you are a man who can see beyond another's cheap call of
    camaraderie as displayed by Christian whose attempt to draw you into his dog and pony act
    was received by your great choice of words letting him know you both share different
    views ...... You and Mr.Dunn seem to be very straight shooters and I along with many others
    would hope that More regulation and transparency will be the order of the day. These are the
    two comments by you and Mr. Dunn that convinced me of your commitment toward a clear cut
    order of accountability in naked short selling ......Everyone knows that you can't sell a dozen of
    doughnuts if all you have are 11.
    Chairman Gensler, CFTC, said he wants to bring price discover to the OTC markets.
    (Currently, when things trade on the OTC, nobody knows what was traded or at what price.
    Kind of like in our coin shops, thus, they cannot accurately function as a price guide, like the
    COMEX prices can.)
    Commissioner Dunn said things are "too 'loosey goosy' on accountability". (Laughing, saying
    "loosey goosy" is a technical term.)
    I personally think that people like Mr. Lothian, who lower themselves by referring to those
    who want accountability and transparency of these "CONTRACTS" as political parasites, are
    hiding something. Whenever someone reduces themselves to name calling, there is generally
    a hidden agenda almost as if they've ran out of ammo and now need to throw rocks.
    Regards,
    Vidal Cortez