Font Size: AAA // Print // Bookmark

Comment for Public Information Collection 76 FR 55055

  • From: Bill Johnson
    Organization(s):

    Comment No: 48493
    Date: 10/5/2011

    Comment Text:

    To the Commissioners at the CFTC, particularly Chairman Gensler, let me respectfully remind you of your own words. This is an issue about market integrity and transparency. Integrity and transparency are two-way streets; important to the markets, but especially important for the government. It’s time for the agency to demonstrate some integrity and transparency. Many thousands of silver investors have petitioned the Commission on very specific issues, such as position limits and concentration and manipulation in silver by JPMorgan and others. The Commission has not seen fit to address those petitions for years. This undermines the public’s trust in the agency and the rule of law. Twice this year alone, silver investors has been victimized by 30% deliberate takedowns while you have sat by and done nothing; not even commenting on something that should be impossible. It’s long past the time for you to be transparent and to demonstrate some integrity. At the very least, if these allegations and specific issues are without merit, then it is time for you to explain why.


    And to Bart Chilton. You stated publicly that you would comment publicy on silver and the 3 year investigation into its manipulation but have failed to do so.

    Your collective silence speaks volumes. You are bought and paid for by JPMorgan Chase and company.

    May God have mercy on the commissioners souls.

Edit
No records to display.