Comment for Proposed Rule 85 FR 11596
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From:
Eric R Matsen
Organization(s):
Commodity Trading Advisor-
Physical Commodity Risk Management Consultant
Comment No:
62442
Date:
5/11/2020
Comment Text:
As someone involved in the futures industry for almost 40 years I was extremely dismayed to hear about the potential disruption in publication of the Cotton-on-Call and/or Commitment of Trader reports. Anytime an attempt is made to cloud the transparency of a market it opens up the potential for manipulation and fraud. I do not believe it is in the best interests of the United States government to enable this type of activity. Do not be surprised if the eradication of these reports results in reduced market liquidity and greater volatility.
