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Comment for Proposed Rule 77 FR 31767

  • From: Ja Sto
    Organization(s):
    na

    Comment No: 58226
    Date: 5/30/2012

    Comment Text:

    Position limits are long overdue. There should be aggregation at all times, and no exceptions or waivers permitted, especially in the precious metals markets where manipulation abounds and is YET TO BE PROSECUTED or stopped by the CFTC. The banks show one thing in positions, then another in derivatives and then they set prices to profit from those positions while manipulating prices. High frequency trading, along with the spoof bids and offers need to be outlawed. There is an atrocious manhandling of prices by big banks that is illegal and criminal. Please do your job. The good people of this country demand it, deserve it, and it is mandated.

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